News for 'innovation challenge'

Digital payments in India to double to $7 tn by 2030

Digital payments in India to double to $7 tn by 2030

Rediff.com14 Jul 2024

With digital adoption fast gaining currency, India is likely to see retail digital payments double to $7 trillion by 2030 from current levels, a study by Kearney and Amazon Pay said. In the report 'How Urban India Pays', Kearney-Amazon Pay said strong adoption of digital payments in online purchases has potentially led to a permanent shift in consumer behaviours, fuelling offline adoption as well.

Tourism promotion goes into mission and challenge mode

Tourism promotion goes into mission and challenge mode

Rediff.com1 Feb 2023

At least 50 travel destinations would be developed as a "complete package" and states will be encouraged to set up a 'unity mall' for the sale of their products, Finance Minister Nirmala Sitharaman announced in the Budget on Wednesday, asserting that promotion of tourism will be taken up on a "mission mode".

Can Quiet Hiring Reduce Layoffs?

Can Quiet Hiring Reduce Layoffs?

Rediff.com3 Sep 2024

Quiet hiring allows employees to expand their skill sets, making them more versatile and valuable to the organisation, says Sonica Aron, founder of the HR consultancy firm, Marching Sheep.

Trump's Tariff Tussle With India

Trump's Tariff Tussle With India

Rediff.com6 Nov 2024

'While criticising India's high tariffs, Mr Trump stated he would impose reciprocal taxes on Indian products if re-elected.' 'However, since India's tariffs follow WTO rules, Mr Trump's actions would violate these rules,' Ajay Srivastava points out.

Margin woes, valuations to weigh on P&G Hygiene

Margin woes, valuations to weigh on P&G Hygiene

Rediff.com21 Sep 2024

From its highs over the past month, the stock of Procter & Gamble Hygiene and Healthcare fell 7 per cent before recovering this week. The stock has been an underperformer over the last year and has traded flat over this period.

How GenZ, Millennials Can Co-Exist At Work

How GenZ, Millennials Can Co-Exist At Work

Rediff.com1 Aug 2024

Gen Z, don't shy away from expressing your ideas, and millennials, be receptive to new perspectives, suggests Sonica Aron, founder of the HR consultancy firm, Marching Sheep.

World Bank ups India growth forecast to 7% for FY25

World Bank ups India growth forecast to 7% for FY25

Rediff.com3 Sep 2024

The World Bank on Tuesday raised the growth forecast for the Indian economy to 7 per cent for the current fiscal year on the back of recovery in agri sector and rural demand. World Bank had in June projected India to grow at 6.6 per cent for FY24. According to the World Bank Report released on Tuesday, India's growth continues to be strong despite a challenging global environment.

RBI Warns Use Of CBDC As Crisis Safe Haven

RBI Warns Use Of CBDC As Crisis Safe Haven

Rediff.com14 Aug 2024

'The impact of CBDC on deposits and deposit insurance is largely unknown.'

'Anti-skill' deliveries needed to punch raging batters

'Anti-skill' deliveries needed to punch raging batters

Rediff.com27 Apr 2024

Bowlers need to find "innovative ways to execute deliveries with a touch of "anti-skill" to challenge the range-hitting batsmen in the ongoing IPL, reckons Kolkata Knight Riders assistant coach Ryan ten Doeschate.

Reverse innovation in India

Reverse innovation in India

Rediff.com31 Aug 2015

India is the perfect place to innovate because locals are aware of what's needed and have the intellectual capacity and engineering excellence to create and think outside of the box.

India's personal data protection bill may threaten innovation, growth: USTR

India's personal data protection bill may threaten innovation, growth: USTR

Rediff.com29 Apr 2022

The US on Thursday raised concerns over India's Personal Data Protection (PDP) Bill and draft non-personal data governance framework, claiming these could potentially threaten innovation and economic growth. In its latest 'Special 301' Report, the US Trade Representative (USTR) kept India on the priority watch list, maintaining the country remains one of the world's most challenging major economies with respect to protection and enforcement of intellectual property (IP). In December 2021, a joint parliamentary committee released a report recommending changes to the PDP Bill, 2019, that could undermine important IP protections in India.

How To Work With A Colleague You Dislike

How To Work With A Colleague You Dislike

Rediff.com12 Nov 2024

When addressing issues, it's crucial to focus on specific behaviours rather than personal characteristics to maintain objectivity and reduce personal offence, suggests Sonica Aron, founder, Marching Sheep.

Near term demand triggers lacking for liquor major United Spirits

Near term demand triggers lacking for liquor major United Spirits

Rediff.com13 Jun 2024

The stock of United Spirits, the country's largest liquor company by market capitalisation (mcap), has gained 11 per cent over the past week on double-digit growth guidance, rising premiumisation trend, operationally in-line performance in the March (Q4FY24) quarter and a rally in consumer stocks. The revenue growth of the company came in at 7 per cent year-on-year (Y-o-Y) mirroring the growth of the prestige and above (P&A) segment. This segment comprising premium brands accounts for 88 per cent of the revenues.

Indian Parents Risk Savings For Child's Education

Indian Parents Risk Savings For Child's Education

Rediff.com12 Sep 2024

For Indian parents, sending a child abroad for a three-year degree could deplete 48% of their retirement savings, while a four-year degree may consume up to 64%.

TCS Hikes Campus Offers To...

TCS Hikes Campus Offers To...

Rediff.com14 Aug 2024

'With Prime, TCS is making sure that we are able to secure the right high talent...' 'Colleges will make sure that students who are offered jobs in this category do not go for another company's hiring process.'

'I don't want to think of challenges, but tasks before us'

'I don't want to think of challenges, but tasks before us'

Rediff.com2 May 2023

'Every time a new tech comes in, there are a set of people who will predict that this will be the end of Indian IT and every time the Indian IT industry and overall technology providers have proven to be resilient.'

The Power of Assured Indian Innovation

The Power of Assured Indian Innovation

Rediff.com25 May 2018

Can we make high speed 4G Internet available at 10 cents per GB, and make all voice calls free of cost -- that too in a large and diverse country like India? Can we make high-quality but simple breast cancer screening available to every woman, that too at the extremely affordable cost of $1 per scan? Can we make a portable, high-tech ECG machine which can provide reports immediately and that too at the cost of 8 cents a test? Can we make an eye imaging device that is portable, non-invasive and costs 3 times less that conventional devices? Can we make a robust test for mosquito-borne dengue, which can detect the disease on day 1, and that too at the cost of $2 per test? Amazingly, says Dr R A Mashelkar, the eminent scientist, all this has been achieved in India, not only by using technological innovation but also non-technological innovation.

Google Unveils AI For India's Developers

Google Unveils AI For India's Developers

Rediff.com18 Jul 2024

Developers in India now have expanded access to Google's powerful AI models with the 2 million token context window in Gemini 1.5 Pro and Gemma 2, the next generation of open models.

TN spiritual speaker lectures kids on karma, rebirth; faces heat

TN spiritual speaker lectures kids on karma, rebirth; faces heat

Rediff.com6 Sep 2024

State school education minister Anbil Mahesh Poyyamozhi assured that action will be taken against the speaker for his controversial speech at a government school in Chennai.

Modi 3.0: Focus Shifts To Governance

Modi 3.0: Focus Shifts To Governance

Rediff.com7 Oct 2024

'It would be reasonable to assume that Modi 3.0 would be more focused on projects and schemes which do not require any legislative change or which have the support of its coalition partners,' asserts A K Bhattacharya.

World Bank president Ajay Banga in TIME's 100 most influential people list

World Bank president Ajay Banga in TIME's 100 most influential people list

Rediff.com17 Apr 2024

World Bank president Ajay Banga is among the Indians who have made it to the prestigious Times's list of 100 most influential people in the world released on Wednesday. Time's profile of the former Mastercard CEO, written by US Treasury Secretary Janet Yellen, said, "It's not easy to find a leader with the skill and drive to take on the monumental task of transforming an essential institution, but since becoming World Bank president last June, Ajay Banga has done just that." She said Banga comes to the World Bank after leading a global organisation through which he brought millions of unbanked people into the digital economy.

Lack of domestic capital a hurdle for startups: Infosys co-founder Murthy

Lack of domestic capital a hurdle for startups: Infosys co-founder Murthy

Rediff.com19 Jan 2024

The availability of domestic capital to fund startups and an ability to attract talent in the early days are among the biggest challenges faced by entrepreneurs, Infosys co-founder N R Narayana Murthy said on Thursday. "It is desirable to create a policy that makes it attractive for domestic institutions like family offices of HNIs (high net-worth individuals), insurance companies or large corporations to invest in venture capital funding," he said at the T N Chaturvedi Memorial Lecture 2024 in New Delhi's Prime Ministers' Museum and Library.

Aatmanirbharta not at cost of nation's defence, says vice air chief

Aatmanirbharta not at cost of nation's defence, says vice air chief

Rediff.com19 Jul 2024

The ongoing Russia-Ukraine conflict has demonstrated the integration of multiple forces in domains of air, land, sea, cyber, information and space, and how they are "united" to achieve the goal, Vice Chief of the Air Staff, Air Marshal A P Singh, said on Friday.

Innovation lessons for India from Isarel

Innovation lessons for India from Isarel

Rediff.com20 Mar 2015

Israel is very good at creating innovation engines, India less so.

India needs new model of innovation: Pitroda

India needs new model of innovation: Pitroda

Rediff.com9 Jun 2011

India has to create a new model of innovation for sustainable and inclusive growth and for empowering its poor, said Sam Pitroda, head of the National Innovation Council (NIC).

'ITC aspires to double its business in five years'

'ITC aspires to double its business in five years'

Rediff.com21 Apr 2024

'While every year presents new challenges, it also provides opportunities for better growth and performance.'

7 Ways Gita Can Help Achieve Peaceful Retirement

7 Ways Gita Can Help Achieve Peaceful Retirement

Rediff.com20 Jun 2024

Vatsal Ramaiya draws wisdom from the Bhagvad Gita and correlates it to how you can build a decent corpus to achieve a peaceful retirement.

Distributed innovation:The latest management trick

Distributed innovation:The latest management trick

Rediff.com9 May 2007

Industries and businesses decline and thrive depending on the way they deal with the many and increasing challenges of innovation

Why India Will Like Shigeru Ishiba

Why India Will Like Shigeru Ishiba

Rediff.com4 Oct 2024

Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.

Adani eyes 45 GW renewable energy capacity by 2030

Adani eyes 45 GW renewable energy capacity by 2030

Rediff.com26 Mar 2024

Billionaire Gautam Adani's group is building the world's largest renewable energy park in Gujarat, as it eyes a massive 45 GW capacity to generate electricity largely from solar energy. Speaking at the opening of 'Energy Revolution: The Adani Green Energy Gallery' at the Science Museum in London, Gautam Adani said his group's renewable energy arm, Adani Green Energy, is leading an energy transition that honours the commitment of taking care of the planet not just for this generation and the next but also for generations to come. "As the world's leading solar power developer and India's largest renewable energy company, we are taking very big steps," he said.

Premji on what enables innovation

Premji on what enables innovation

Rediff.com22 Nov 2007

The India information technology industry, including exports and domestic market and semiconductor industry, is gaining traction despite challenges, said Azim H Premji, chairman, Wipro, at the third Freescale Technology Forum in Bangalore on Monday.

'You're Always On Your Toes. Things May Change Anytime'

'You're Always On Your Toes. Things May Change Anytime'

Rediff.com3 Jul 2024

'You have to be good in your project that's releasing today for you to be working on something tomorrow. That will always be the case.'

FTAs, reviving exports to be commerce ministry's focus

FTAs, reviving exports to be commerce ministry's focus

Rediff.com18 Jun 2024

Another priority in the first 100 days could be the launch of an e-platform -- Trade Connect -- to help exporters connect with stakeholders of international trade.

'The youth is driving jugaad innovation in India'

'The youth is driving jugaad innovation in India'

Rediff.com21 Jun 2012

The authors of Jugaad Innovation on why they think Ratan Tata makes for a great jugaad innovator and how the IITs and universities are encouraging students employ more jugaad to come up with great solutions and jugaad innovators that inspired them.

How India's young innovators do well by doing good

How India's young innovators do well by doing good

Rediff.com25 May 2018

'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.

Hayden Backs Pant, Warns Jaiswal

Hayden Backs Pant, Warns Jaiswal

Rediff.com22 Aug 2024

'Guys like Rishabh Pant have got a muscle memory and the thirst for victory.' 'He was such a key player last time he played there and the Australian public loved him as well, because of the nature of the way he played his game.'

FMCG firms must innovate: Marico

FMCG firms must innovate: Marico

Rediff.com26 Jul 2006

CFO of Marico Industries Milind Sarwate believes that the FMCG sector has emerged out of the rut that it was in until a few years ago.

India's Economic Reality And The Hype

India's Economic Reality And The Hype

Rediff.com13 Jul 2024

From connectivity woes to infrastructure advancements and the startup boom, there is a gulf between claims and reality in India's economic landscape, points out Devangshu Datta.

These stories give innovative ideas to start a business!

These stories give innovative ideas to start a business!

Rediff.com2 Nov 2015

The book, 'India Can', has received praises from top business leaders including Deepak Parekh and Nandan Nilekani.

Electric two-wheeler sales likely to breach 1 million mark in 2024

Electric two-wheeler sales likely to breach 1 million mark in 2024

Rediff.com11 Dec 2023

India's electric two-wheeler (E2W) sector is expected to cross the one million mark in 2024 fuelled by rising demand, increased production, and affordability, industry experts said, even as several original equipment makers are expanding their penetration to rural areas. Improved battery technology and innovative features are also likely to fuel growth, they said. "E2W sales will breach the 1-million mark in 2024 as the demand for electric two-wheelers is expected to continue growing due to factors such as environmental awareness, government incentives, and improvements in technology," Hyder Khan, chief executive officer (CEO), Godawari Electric Motors, said.