News for 'innovation'

Need to shift from fortnightly to real-time credit reporting: RBI DG

Need to shift from fortnightly to real-time credit reporting: RBI DG

Rediff.com3 Jul 2025

There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as loan closures or repayments, and deliver a superior consumer experience, Deputy Governor of the Reserve Bank of India (RBI), M Rajeshwar Rao said on Wednesday.

'India Can Convert Tariffs Into Win-Win Situation'

'India Can Convert Tariffs Into Win-Win Situation'

Rediff.com11 Aug 2025

'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'

EV sales in India rise 28.6% to 180,238 in June: FADA

EV sales in India rise 28.6% to 180,238 in June: FADA

Rediff.com8 Jul 2025

Electric vehicle (EV) sales in India rose 28.60 per cent to 1,80,238 units in June over the period year-ago, driven by massive jump in e-passenger vehicle volumes, Federation of Automobile Dealers' Association (FADA) said in a statement on Tuesday. Electric passenger vehicle sales, as per FADA data, stood at 13,178 units in the previous month compared to 7,323 e-PVs in June 2024, registering a sharp increase of 79.95 per cent year-on-year.

Infosys opens development centre in Gift City with 1,000-employee capacity

Infosys opens development centre in Gift City with 1,000-employee capacity

Rediff.com8 Jun 2025

Infosys has opened a new development centre at Gujarat International Finance Tec-City (GIFT City), Gandhinagar, to develop solutions for global Banking, Financial Services, and Insurance (BFSI) clients.

IT Firms Caution Employees Amid AI Boom

IT Firms Caution Employees Amid AI Boom

Rediff.com2 Aug 2025

'People are taking effort to train and adapt to current skills.' 'If that is not there, they are not useful to us.' 'They have to adapt to new technology, and what is important is learnability.'

Time India Learnt From China Playbook

Time India Learnt From China Playbook

Rediff.com20 Aug 2025

If India caves in to US pressure as Trump hopes it will, he will further try to blackmail it into submission, points out Ramesh Menon.

PayPal receives RBI nod to operate as cross-border payment aggregator

PayPal receives RBI nod to operate as cross-border payment aggregator

Rediff.com28 May 2025

PayPal Payments Pvt Ltd (PayPal), the Indian subsidiary of PayPal Holdings Inc, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregatorross Borderxports (PA-CB-E). This marks a key milestone in PayPal's operations in India and its continued support for Indian small businesses, enabling secure cross-border payments to approximately 200 markets, the company said in a statement.

'Everyone Wanted To Know Why I Had Killed Off Amitabh'

'Everyone Wanted To Know Why I Had Killed Off Amitabh'

Rediff.com22 Aug 2025

'I make films which I think have the possibility of being liked by a majority of people, and you present it with the right emotions.'

How To Dress Based On Numerology

How To Dress Based On Numerology

Rediff.com22 Jul 2025

Let your birth number be your style cheat sheet.

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

Healthy balance sheets augur well for economy: RBI Governor Sanjay Malhotra

Rediff.com1 Jul 2025

Large tariffs by the United States administration and elevated geopolitical risk have increased near-term global financial stability risks, and along with weather events pose downside risks to domestic growth, Reserve Bank of India (RBI) Governor Sanjay Malhotra said in the foreword to the Financial Stability Report released on Monday.

Medtech MNCs bet big on localisation

Medtech MNCs bet big on localisation

Rediff.com12 May 2025

Several multinational medical device makers are focusing on deepening their presence in India by expanding their local manufacturing footprint and research capabilities, a move that can catapult India into a strategic hub for the medical technology (medtech) industry. Among those increasing their reach in the country are Siemens Healthineers and Philips, signalling a broader shift from India being only a sales destination to becoming a global production and innovation base.

Prez hails Op Sindoor, Atmanirbhar Bharat in I-Day address

Prez hails Op Sindoor, Atmanirbhar Bharat in I-Day address

Rediff.com15 Aug 2025

President Droupadi Murmu addressed the nation on the eve of Independence Day, praising the response to terrorism, highlighting achievements in defense self-reliance, and emphasizing unity and progress.

Vijay's Political Challenge Begins Now

Vijay's Political Challenge Begins Now

Rediff.com22 Aug 2025

Vijay, with his chief ministerial ambitions, is a one-man army, at least as of now, and his campaign team considers him omnipresent. He has to be present in all districts, if not all constituencies at the same time, as there is no second-line leader or platform speaker in the party, who can draw crowds, points out N Sathiya Moorthy.

India's Foreign Policy Needs Strategic Expansion

India's Foreign Policy Needs Strategic Expansion

Rediff.com12 Aug 2025

The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.

Astronaut Shubhanshu Shukla, other crew members to return on July 14

Astronaut Shubhanshu Shukla, other crew members to return on July 14

Rediff.com11 Jul 2025

Astronaut Shubhanshu Shukla and the Axiom-4 mission crew are scheduled to return to Earth from the International Space Station on July 14, according to NASA.

Amitabh Kant resigns as G20 Sherpa, to begin new chapter

Amitabh Kant resigns as G20 Sherpa, to begin new chapter

Rediff.com16 Jun 2025

Kant, a retired 1980-batch Indian Administrative Service (IAS) officer of Kerala cadre, was appointed as India's G20 Sherpa in July 2022, months before India assumed the G20 Presidency.

P&G's New Boss Is Big Into Bollywood Movies

P&G's New Boss Is Big Into Bollywood Movies

Rediff.com30 Jul 2025

Shailesh Jejurikar has 'always made an effort to stay close to his roots.'

No mechanical or maintenance issue in crash report: AI CEO

No mechanical or maintenance issue in crash report: AI CEO

Rediff.com14 Jul 2025

Air India CEO Campbell Wilson addresses the preliminary report on the Ahmedabad plane crash, stating no mechanical or maintenance issues were found with the aircraft. He urges against premature conclusions as the investigation continues.

TCS CEO Krithivasan's compensation rises 4.6% to Rs 26.52 cr in FY25

TCS CEO Krithivasan's compensation rises 4.6% to Rs 26.52 cr in FY25

Rediff.com28 May 2025

K Krithivasan, the chief executive and managing director of India's largest IT services company TCS, took home a remuneration of Rs 26.52 crore in FY25.

Andhra Bets on AI to Fight Mosquito Menace

Andhra Bets on AI to Fight Mosquito Menace

Rediff.com8 Jul 2025

When mosquito numbers cross safe limits in any area, automatic alerts will be sent, and civic teams will carry out spraying or fogging operations.

Are Micro Dramas The Future of OTT?

Are Micro Dramas The Future of OTT?

Rediff.com26 Jul 2025

Micro dramas -- typically 30 seconds to one to two minutes long per episode -- are designed for mobile-first audiences.

The Rise Of Eco-Luxury Homes

The Rise Of Eco-Luxury Homes

Rediff.com16 Jul 2025

Glass facades and air-conditioned enclaves are giving way to spaces that breathe -- homes that reflect a deeper connection to nature, heritage, and well-being.

Tottenham appoint Brentford's Frank as manager

Tottenham appoint Brentford's Frank as manager

Rediff.com13 Jun 2025

Thomas Frank will take charge of a club that will take part in next year's Champions League after they won the Europa League last month in Bilbao.

Swamiji, Sikh... Modi's disguise during Emergency years

Swamiji, Sikh... Modi's disguise during Emergency years

Rediff.com25 Jun 2025

BlueKraft has published The Emergency Diaries -- Years that Forged a Leader to chronicle Modi's role in the underground campaign during that period, after speaking to a number of people associated with him at that time.

Did India, Pak discuss J-K split formula weeks before Kargil War?

Did India, Pak discuss J-K split formula weeks before Kargil War?

Rediff.com19 Jul 2025

A new book reveals that India and Pakistan discussed a communal division of Jammu & Kashmir along the Chenab river before the Kargil war in 1999.

India-origin Sabih Khan appointed new COO of Apple

India-origin Sabih Khan appointed new COO of Apple

Rediff.com9 Jul 2025

Apple Inc has named India-origin Sabih Khan as its new Chief Operating Officer (COO), marking a key move in its long-planned leadership transition. Khan, 58, who has been with Apple for 30 years and is currently the senior vice president of operations, will succeed Jeff Williams later this month, the iPhone maker said in a statement.

Want To Invest in MNC Funds?

Want To Invest in MNC Funds?

Rediff.com19 Jul 2025

Despite recent underperformance, MNC funds have delivered over longer time frames.

How Infosys Plans To Become AI-First Company

How Infosys Plans To Become AI-First Company

Rediff.com1 Jul 2025

'We have been following the micro-change philosophy, where every six weeks we implement these AI features into our internal systems, products, platforms and then release it to our employees.'

Saiyaara Review: Vacant Romance

Saiyaara Review: Vacant Romance

Rediff.com18 Jul 2025

Saiyaara ends up a bland rehash of old ideas served in an older bottle, notes Arjun Menon.

Modi speaks to Elon Musk amid Trump tariff war

Modi speaks to Elon Musk amid Trump tariff war

Rediff.com18 Apr 2025

Prime Minister Narendra Modi spoke with Elon Musk, discussing the potential for collaboration in technology and innovation. Modi highlighted India's commitment to advancing partnerships with the US in these areas. The conversation follows a previous meeting between the two leaders in Washington D.C. earlier this year.

The Visionary Who Transformed HLL Forever

The Visionary Who Transformed HLL Forever

Rediff.com14 Jul 2025

Susim Mukul Datta has not passed away, rather he is the ever-youthful leader to all who knew him, points out R Gopalakrishnan.

Cisco Offers Remote Internships For Tech Students

Cisco Offers Remote Internships For Tech Students

Rediff.com10 Jun 2025

Cisco, in collaboration with AICTE, is offering virtual internships in networking and cyber security through the Cisco Networking Academy. This remote, two-month programme provides hands-on learning, industry exposure and a chance to build practical technical skills that will enhance the student's employability.

Peace is an illusion, India must be prepared: Rajnath Singh

Peace is an illusion, India must be prepared: Rajnath Singh

Rediff.com7 Jul 2025

Defence Minister Rajnath Singh emphasizes the need for India to remain prepared for uncertainty, even during peacetime, and highlights the increasing importance of the defence sector as an economic driver.

Jio Financial gets Sebi nod for mutual fund business

Jio Financial gets Sebi nod for mutual fund business

Rediff.com27 May 2025

Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator Sebi to commence operations as an investment manager for its mutual fund business. The Securities and Exchange Board of India (Sebi), vide letter dated May 26, 2025, has granted the certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management Private Limited to act as the Asset Management Company for Jio BlackRock Mutual Fund, JFSL said in a regulatory filing.

India hasn't accepted UK 'data exclusivity' demand in FTA

India hasn't accepted UK 'data exclusivity' demand in FTA

Rediff.com12 May 2025

India has not accepted the demand of the UK for inclusion of a 'data exclusivity' provision in the free trade agreement, announced on May 6, in a bid to protect the interests of the domestic generic drugs industry, an official said. During the negotiations, the UK had asked to include this provision in the trade pact.

Flipkart gets lending licence from Reserve Bank

Flipkart gets lending licence from Reserve Bank

Rediff.com5 Jun 2025

Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. The nod came in March this year, according to sources.

Why Zepto CEO Aadit Palicha is angry with Piyush Goyal

Why Zepto CEO Aadit Palicha is angry with Piyush Goyal

Rediff.com4 Apr 2025

Commerce Minister Piyush Goyal's scathing remarks on Indian startup ecosystem and its innovation priorities have drawn sharp reaction from the industry, with Zepto CEO Aadit Palicha putting up a strong defence citing the company's contribution to jobs, FDI and terming it a "miracle in Indian innovation".

FULL TEXT: President's address to the nation on I-Day eve

FULL TEXT: President's address to the nation on I-Day eve

Rediff.com15 Aug 2025

President Droupadi Murmu's address to the nation on the eve of the 79th Independence Day.

Arvi Singh Bahal Is Going To Space!

Arvi Singh Bahal Is Going To Space!

Rediff.com23 Jul 2025

This mission is the 14th human flight for the New Shepard programme and the 34th in its history.

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