News for 'innovation challenge'

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.

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.

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.

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.

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.'

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.

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.

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.

'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.'

Will India's FMCG sector see consumption revival in 2025?

Will India's FMCG sector see consumption revival in 2025?

Rediff.com23 Dec 2024

The FMCG industry hopes for a revival in consumption growth in 2025 with some 'green shoots' already visible, after having a challenging year amid escalating input costs and a double-digit rise in food inflation, which ultimately slowed down the pace of the urban market growth in the second half of 2024. Soaring prices of commodities such as palm oil, coffee, cocoa and wheat forced FMCG players to go for a hike of 3 to 5 per cent or resort to shrinkflation by reducing pack sizes and grammage to retain attractive price points, fearing a volume loss.

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.

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.

'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.'

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.

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.

Modi, Macron fly together to Marseille, open new Indian consulate

Modi, Macron fly together to Marseille, open new Indian consulate

Rediff.com12 Feb 2025

Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.

Bengaluru's water crisis: India Inc adopt innovative methods

Bengaluru's water crisis: India Inc adopt innovative methods

Rediff.com14 Mar 2024

From installing water-saving aerators on taps to using cans for washing hands and dishes, Bengaluru is adopting diverse strategies to tide over the water crisis. While several citizens have taken to social media to urge Karnataka Chief Minister Siddaramaiah to make work from home mandatory for IT companies, it appears that hybrid mode will continue to be the norm for most - although with new water conservation measures in place. Co-working space provider Urban Vault has, for instance, installed smart water meters to detect leakage.

Accenture, TCS, Infosys, HCLTech top 2025 Brand Finance IT Services ranking

Accenture, TCS, Infosys, HCLTech top 2025 Brand Finance IT Services ranking

Rediff.com22 Jan 2025

India has secured the second position, contributing 36 per cent of the total brand value, a significant achievement fuelled by a 14 per cent increase in brand value, according to Brand Finance 2025 ranking. India follows the US, which maintains its dominant position in IT services brand value, holding 40 per cent of the total brand value.

'PSB is exploring digital lending solutions'

'PSB is exploring digital lending solutions'

Rediff.com5 Feb 2025

'We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.'

'India Is In A State Of 'Not War, Not Peace'

'India Is In A State Of 'Not War, Not Peace'

Rediff.com11 Mar 2025

'And this will persist given the two-and-a-half-front threat we face.'

Army chief reviews operational preparedness, interacts with troops

Army chief reviews operational preparedness, interacts with troops

Rediff.com30 Dec 2024

Army Chief Gen Upendra Dwivedi visited Dehradun on Monday and reviewed operational preparedness, interacted with troops, and received briefings on security initiatives and infrastructure development in the region. He emphasized the importance of maintaining peak operational efficiency and adaptability in a complex security environment. The visit highlights the Army's proactive approach to ensuring mission readiness and boosting troop morale.

SBI unveils two new schemes to boost deposit mobilisation

SBI unveils two new schemes to boost deposit mobilisation

Rediff.com4 Jan 2025

State Bank of India (SBI) - the country's largest lender - has unveiled two new schemes to boost deposit mobilisation at a time when most banks are facing challenges in raising resources. The first is 'Har Ghar Lakhpati,' a pre-calculated recurring deposit (RD) scheme designed to help customers accumulate Rs 100,000 or multiples thereof and develop a savings habit.

Rahul Gandhi makes cold coffee at Keventers

Rahul Gandhi makes cold coffee at Keventers

Rediff.com10 Jan 2025

During the conversation with the owners, Gandhi delved into the fascinating journey of the iconic start-up that seamlessly blends legacy with modern ambition.

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.'

Ghost Jobs Are Worse Than No Jobs!

Ghost Jobs Are Worse Than No Jobs!

Rediff.com20 Feb 2025

By staying informed and focusing on legitimate job openings, candidates can navigate the job market more effectively and safeguard their career aspirations.

India's biggest challenge is inclusive growth: Chandrasekaran

India's biggest challenge is inclusive growth: Chandrasekaran

Rediff.com18 Dec 2023

All the global transitions are working in India's favour, giving it the potential to become a force in today's uncertain world, but one of the country's biggest challenges is inclusive growth, Tata Sons chairman N Chandrasekaran said on Monday. In his address at the JRD Tata Oration, the head of the Tata group also asserted that Artificial Intelligence (AI) is here to stay and it will be beneficial if India prepares for it. Post the cold war era of relative stability and prosperity, the world appears to have given way to unpredictable conflicts and economic uncertainty, he said, adding that the pandemic resulted in supply chain shocks of gigantic proportion.

Will budget for agri research get a big boost this year?

Will budget for agri research get a big boost this year?

Rediff.com28 Jan 2025

Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.

More the merrier? A tale of multiple self-regulatory organisations

More the merrier? A tale of multiple self-regulatory organisations

Rediff.com7 Feb 2025

Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.

Varanasi, Detroit, Venice set to host Toyota's sustainability initiative

Varanasi, Detroit, Venice set to host Toyota's sustainability initiative

Rediff.com30 May 2024

Varanasi, Detroit, and Venice have been selected to host a global initiative aimed at creating sustainable transportation solutions for cities as part of the 'Toyota Mobility Foundation's Sustainable Cities Challenge'. The initiative is a $9 million programme that will see these cities collaborate with innovators to develop and implement new mobility solutions. The cities, located in the US, India, and Italy, were chosen from a shortlist of 10 cities announced in November 2023.

Women, Your Birth Number Can Help You Succeed

Women, Your Birth Number Can Help You Succeed

Rediff.com7 Mar 2025

By understanding the elements that rule your birth number, you can learn how to enhance your professional journey, improve your work life and grow in your career.

'Trump Won't Hesitate To Use Hard Power'

'Trump Won't Hesitate To Use Hard Power'

Rediff.com10 Mar 2025

'The touchstone is reciprocity which will be applied to friends and foes alike.' 'It will be a bitter pill to swallow.'

IPL 2025: Cricket carnival returns as KKR face RCB in opener

IPL 2025: Cricket carnival returns as KKR face RCB in opener

Rediff.com21 Mar 2025

New rules, new captains, but same excitement as two months of cricket extravaganza kicks off in Kolkata.

Innovating solutions for India's challenges

Innovating solutions for India's challenges

Rediff.com29 Jul 2010

India first needs to innovate the solution itself, and then focus on the product.

Women achievers to run Modi's social media on Int'l Women's Day

Women achievers to run Modi's social media on Int'l Women's Day

Rediff.com23 Feb 2025

Prime Minister Narendra Modi announced that he will hand over his social media accounts to women achievers from different walks of life to mark International Women's Day on March 8. In his monthly "Mann Ki Baat" address, Modi said these successful women will talk about their work and experience on his social media accounts. He also renewed his appeal to people to take measures to deal with the growing problem of obesity and encouraged people to visit research laboratories or planetariums to mark National Science Day on February 28. Modi highlighted India's progress in space science and artificial intelligence, and emphasized the importance of celebrating and respecting the indomitable spirit of women. He also spoke about the diversity of India's wildlife and the importance of conservation efforts.

Couples Invite Global Guests to Weddings, For a Fee

Couples Invite Global Guests to Weddings, For a Fee

Rediff.com10 Mar 2025

From dressing in colourful lehengas and sherwanis to dancing to Bollywood tunes during the baraat, these startups are offering an immersive journey into the world of Indian weddings.

How IMD became global weather leader in 150 years

How IMD became global weather leader in 150 years

Rediff.com13 Jan 2025

From a few rain gauges in 1875 to rivalling the world's best weather agencies, the India Meteorological Department (IMD) has weathered its way to becoming a global leader in forecasting.

India's gig economy may add 90 mn jobs, contribute 1.25% to GDP

India's gig economy may add 90 mn jobs, contribute 1.25% to GDP

Rediff.com29 Nov 2024

The gig economy market is expected to grow at a compound annual growth rate (CAGR) of 17 per cent to reach a gross volume of $455 billion by the end of 2024, according to a white paper by The Forum for Progressive Gig Workers. Estimates suggest the gig economy has the potential to create 90 million jobs and add 1.25 per cent to India's GDP (gross domestic product) over time.

Janhvi, Avneet Revel In Chainmail

Janhvi, Avneet Revel In Chainmail

Rediff.com11 Nov 2024

Chainmail has come to represent creativity and defiance, marking a departure from traditional fabrics toward something bold and unique.

A Budget that balances prudence with growth: Birla

A Budget that balances prudence with growth: Birla

Rediff.com2 Feb 2025

Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.

'Goal is to become an AI-powered organisation'

'Goal is to become an AI-powered organisation'

Rediff.com31 Jan 2025

'Our vision is to become a GenAI managed services provider.'