News for 'it sector'

Lt Gen Dhiraj Seth named next Army Chief

Lt Gen Dhiraj Seth named next Army Chief

Rediff.com13 Jun 2026

Lt Gen Dhiraj Seth, currently the Vice Chief of Army, has been appointed as the next Chief of the Army Staff, taking over from Gen Upendra Dwivedi on June 30. He brings nearly four decades of distinguished military experience, having commanded various formations and held key strategic appointments.

Trump blasts Netanyahu over military ops in Lebanon

Trump blasts Netanyahu over military ops in Lebanon

Rediff.com16 Jun 2026

US President Donald Trump has sharply criticised Israeli Prime Minister Benjamin Netanyahu over the handling of military operations in Lebanon, expressing dissatisfaction with the pace of the conflict and the escalating civilian death toll.

India Sporting Goods Fair Aims to Propel Manufacturing Sector

India Sporting Goods Fair Aims to Propel Manufacturing Sector

Rediff.com31 Mar 2026

The 4th India Sporting Goods Fair (ISGF) showcases athletic gear and equipment from 75 exhibitors, highlighting the government's commitment to promoting sports goods manufacturing in India.

Nomura lifts Nifty target to 25,900, citing robust earnings despite global risks

Nomura lifts Nifty target to 25,900, citing robust earnings despite global risks

Rediff.com3 Jun 2026

Nomura has increased its March 2027 target for the Nifty 50 to 25,900, driven by strong corporate earnings and attractive market valuations, even as risks from the West Asia conflict and high oil prices persist.

India's Exports Surge 18% in May, Trade Deficit Expands to $28.21 Billion

India's Exports Surge 18% in May, Trade Deficit Expands to $28.21 Billion

Rediff.com15 Jun 2026

India's exports reached a six-month high, growing by 18 per cent to USD 45.2 billion in May, driven by electronic goods, petroleum products, engineering items, and pharmaceuticals. However, the trade deficit widened to USD 28.21 billion due to a 10 per cent rise in imports, particularly petroleum products and gold, amidst surging crude oil prices.

Sensex, Nifty close flat; metal, oil & gas shares major drag

Sensex, Nifty close flat; metal, oil & gas shares major drag

Rediff.com10 Jun 2026

Indian benchmark indices Sensex and Nifty closed flat, paring early gains due to renewed hostilities between the US and Iran, which unsettled investor sentiment and led to profit booking in metal, oil & gas, and telecom shares.

Industrial output growth slows to 4.9% in April, new base year introduced

Industrial output growth slows to 4.9% in April, new base year introduced

Rediff.com1 Jun 2026

India's industrial production expanded at a slower pace of 4.9 per cent in April, primarily due to tepid growth in the energy sector amidst the West Asia crisis. This data marks the first release under the newly revised base year of 2022-23 for the Index of Industrial Production (IIP).

How Gurugram Police Dismantled An Interstate Arms Ring

How Gurugram Police Dismantled An Interstate Arms Ring

Rediff.com13 Jun 2026

Gurugram police have dismantled an interstate illegal arms network, arresting its alleged mastermind, Jagat Singh, in Madhya Pradesh. Singh, who has a history of 14 cases, is accused of manufacturing and supplying illegal firearms across multiple states for nearly three decades.

'Small-Caps Represent Best Opportunity In India'

'Small-Caps Represent Best Opportunity In India'

Rediff.com16 Jun 2026

'The real money in India over the coming period is likely to be made in small-cap stocks rather than in the large-cap benchmark names.'

Hyderabad Techie Dies By Suicide, Infant Miraculously Survives Fall

Hyderabad Techie Dies By Suicide, Infant Miraculously Survives Fall

Rediff.com13 Jun 2026

A 37-year-old woman techie in Hyderabad allegedly died by suicide by jumping from the sixth floor of an apartment building, carrying her six-month-old baby. The infant miraculously survived the fall after landing on solar fence cables. Police are investigating the incident, which is believed to be linked to the woman's depression.

India's Remittances Stay Strong Amidst West Asia Conflict

India's Remittances Stay Strong Amidst West Asia Conflict

Rediff.com18 Jun 2026

India's remittance inflows have remained robust despite the West Asia conflict, driven by precautionary transfers and diversification of remittance sources, with bankers expecting continued stability for the year.

Why Investors Are Exiting Gold

Why Investors Are Exiting Gold

Rediff.com18 Jun 2026

The case for long-term investment in gold, however, remains intact.

ACB Nabs Faridabad Head Constable In Bribery Case

ACB Nabs Faridabad Head Constable In Bribery Case

Rediff.com6 Jun 2026

A head constable in Faridabad was arrested by the Anti-Corruption Bureau for allegedly accepting a bribe of Rs 2,500 to return a man's financed bike. The complainant, Somdutt, approached the ACB after repeated demands for money from the officer.

Overseas Education Loans Get Riskier

Overseas Education Loans Get Riskier

Rediff.com8 Jun 2026

Students and families must stress test repayment capacity based on Indian salary standards.

Govt restricts bulk petrol, diesel purchases from retail pumps

Govt restricts bulk petrol, diesel purchases from retail pumps

Rediff.com12 Jun 2026

The Indian government has restricted industrial, commercial, and institutional users from purchasing petrol and diesel from retail petrol pumps, directing them to bulk sale points instead. This move, which can last up to 90 days, aims to address abnormal demand growth and prevent localised shortages caused by a significant price difference between retail and bulk fuel prices.

Mutual Funds Reduce IT Holdings to 8-Year Low on AI, Growth Worries

Mutual Funds Reduce IT Holdings to 8-Year Low on AI, Growth Worries

Rediff.com27 May 2026

Indian mutual funds have significantly reduced their exposure to the information technology (IT) sector, with holdings now at an eight-year low of 6.7% in April 2026, driven by weak earnings growth, global demand slowdown, and concerns over AI-led disruption.

India Rejects US 'Overcapacity' Claims in Steel, Textiles, Citing Low Per Capita Consumption

India Rejects US 'Overcapacity' Claims in Steel, Textiles, Citing Low Per Capita Consumption

Rediff.com11 Jun 2026

India has strongly refuted claims by the United States Trade Representative (USTR) regarding excess capacity in its steel and textile sectors, arguing that the nation's significantly low per capita consumption of these products contradicts such assertions, according to Amitabh Kumar, Additional Secretary in the Ministry of Commerce.

Kerala Police And RBI Launch Reelathon To Combat Cyber Fraud

Kerala Police And RBI Launch Reelathon To Combat Cyber Fraud

Rediff.com15 Jun 2026

Kerala Police chief Ravada Chandrasekhar highlighted cyber fraud as a serious social challenge, particularly targeting youth, during the inauguration of 'RBI Reelathon 2026'. This multi-phase awareness campaign by the Reserve Bank of India aims to engage college students in combating cyber financial frauds through creative content creation and timely reporting.

Gurugram Police Crackdown On Crime: Illegal Structures Demolished

Gurugram Police Crackdown On Crime: Illegal Structures Demolished

Rediff.com4 Jun 2026

Gurugram police demolished illegal structures belonging to two habitual offenders, Shahrukh and Arshad, on government land in Peer Colony, Sohna. The structures were allegedly used as a base for criminal activities, with Shahrukh facing 34 theft cases and Arshad facing six theft cases and one NDPS case.

Gurugram Police Crackdown On Crime: Illegal Structures Demolished

Gurugram Police Crackdown On Crime: Illegal Structures Demolished

Rediff.com4 Jun 2026

Gurugram police demolished illegal structures belonging to two habitual offenders, Shahrukh and Arshad, on government land in Peer Colony, Sohna. The structures were allegedly used as a base for criminal activities, with Shahrukh facing 34 theft cases and Arshad facing six theft cases and one NDPS case.

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

India's GDP expands 7.8% in Q4, full year growth hits 7.7%

Rediff.com5 Jun 2026

India's economy registered a robust 7.7 per cent growth in the fiscal year 2025-26, an increase from 7.1 per cent in the previous year, with the January-March quarter alone seeing a 7.8 per cent expansion.

Modi-Trump G7 meeting to focus on trade deal, strategic ties

Modi-Trump G7 meeting to focus on trade deal, strategic ties

Rediff.com17 Jun 2026

Prime Minister Narendra Modi and US President Donald Trump are set to hold comprehensive talks focusing on a bilateral trade deal, defence cooperation, and energy and critical minerals sectors during the G7 summit in Evian-les-Bains, France.

Mahindra & Mahindra shifts focus beyond tractors to boost future growth

Mahindra & Mahindra shifts focus beyond tractors to boost future growth

Rediff.com15 Jun 2026

Mahindra & Mahindra (M&M) is expanding its farm equipment strategy beyond tractors to include a wider range of mechanisation solutions like harvesters, balers, seed drills, and telematics-enabled services, aiming to capitalise on the growing demand for rental services by rural entrepreneurs and address low mechanisation levels in Indian agriculture.

US Congress Pays Tribute To Indian-American Tech Leader Sivaramakrishnan Somasegar

US Congress Pays Tribute To Indian-American Tech Leader Sivaramakrishnan Somasegar

Rediff.com13 Jun 2026

The US Congress has paid tribute to the late Indian-American entrepreneur Sivaramakrishnan Somasegar, known as 'Soma', for his significant contributions to Microsoft and the broader technology sector. Congresswoman Suzan DelBene highlighted his impactful career at Microsoft, his role in fostering new startups, and his community involvement, including co-founding the Seattle Orcas cricket team.

Pro-Khalistan Group Issues Bomb Threat To Gurugram Civic Body

Pro-Khalistan Group Issues Bomb Threat To Gurugram Civic Body

Rediff.com4 Jun 2026

The Gurugram municipal corporation headquarters and the mayor's office received a bomb threat via email, allegedly from a pro-Khalistan group. Police and security agencies evacuated the premises and are conducting a search for explosives. The threat comes ahead of the Operation Blue Star anniversary.

Pro-Khalistan Group Issues Bomb Threat To Gurugram Civic Body

Pro-Khalistan Group Issues Bomb Threat To Gurugram Civic Body

Rediff.com4 Jun 2026

The Gurugram municipal corporation headquarters and the mayor's office received a bomb threat via email, allegedly from a pro-Khalistan group. Police and security agencies evacuated the premises and are conducting a search for explosives. The threat comes ahead of the Operation Blue Star anniversary.

Army Apprehends Three Trying To Cross LoC Into PoK

Army Apprehends Three Trying To Cross LoC Into PoK

Rediff.com31 May 2026

The Indian Army apprehended three individuals attempting to cross the Line of Control (LoC) into Pakistan-occupied Kashmir (PoK) in the Uri sector of Jammu and Kashmir. In a separate incident, a PoK resident was also apprehended after crossing the LoC.

Agrawal Family Cremated After Tragic Malviya Nagar Fire

Agrawal Family Cremated After Tragic Malviya Nagar Fire

Rediff.com4 Jun 2026

Five members of the Agrawal family, including a chartered accountant, his wife, their two daughters, and his mother, were cremated in Gurugram after perishing in a devastating fire at a Malviya Nagar B&B. The family was in Delhi for the father's medical treatment, and the tragedy also claimed the lives of other relatives, leaving the community in profound grief.

History-Sheeter Arrested In Faridabad After Exchange Of Fire

History-Sheeter Arrested In Faridabad After Exchange Of Fire

Rediff.com11 Jun 2026

Faridabad police have arrested Sonu, a history-sheeter wanted in multiple theft and housebreaking cases, following a brief exchange of fire near Machhgar village. The accused, who has 28 criminal cases against him in Noida, attempted to flee and opened fire on police, but was apprehended.

Pakistani Boy Detained After Crossing LoC In Poonch

Pakistani Boy Detained After Crossing LoC In Poonch

Rediff.com9 Jun 2026

A 14-year-old Pakistani boy was detained by the Indian Army after he inadvertently crossed the Line of Control (LoC) in Poonch district, Jammu and Kashmir. He is currently being questioned, and security agencies are investigating the circumstances before his likely repatriation.

Gurugram Lift Operator Brutally Attacked After Elevator Snag

Gurugram Lift Operator Brutally Attacked After Elevator Snag

Rediff.com12 Jun 2026

A lift operator in Gurugram was brutally thrashed by six youths, allegedly rupturing his eye, after four of them were briefly trapped in an elevator. Despite a complaint being lodged, police have reportedly not yet registered a formal case, raising concerns about justice for the severely injured operator.

Mrs Kerala Runner-Up Arrested In Rs 11.8 Crore Drug Smuggling Case

Mrs Kerala Runner-Up Arrested In Rs 11.8 Crore Drug Smuggling Case

Rediff.com12 Jun 2026

A 29-year-old private bank employee and former 'Mrs Kerala' beauty pageant runner-up, Harsha Sunny, has been arrested by Mumbai Customs for allegedly smuggling 11.8 kg of hydroponic weed, valued at Rs 11.8 crore, from Bangkok. She claims she was unaware of the bag's contents, stating she was exploited by traffickers.

Smallcap Schemes Lead Mutual Fund Rally

Smallcap Schemes Lead Mutual Fund Rally

Rediff.com1 Jun 2026

Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.

Where Are India's Rich Investing Money?

Where Are India's Rich Investing Money?

Rediff.com18 Jun 2026

As the rupee weakens, wealthy families are accelerating investments in global assets.

How Delhi Police Busted An ATM Fraud Ring

How Delhi Police Busted An ATM Fraud Ring

Rediff.com10 Jun 2026

Delhi Police successfully thwarted an ATM fraud attempt in Dwarka, arresting two individuals from Nuh, Haryana. The accused used a steel plate to trap cash in ATM machines, making customers believe transactions failed, and later collected the money. They have confessed to multiple similar incidents.

RBI interest rate decision, US-Iran situation to be key market drivers this week

RBI interest rate decision, US-Iran situation to be key market drivers this week

Rediff.com1 Jun 2026

The Indian equity market is set for an event-heavy week, with analysts pointing to the Reserve Bank of India's (RBI) interest rate decision, developments in the US-Iran situation, and crude oil prices as the primary determinants of market trends.

'Job Market Is Collapsing Like Pack Of Cards'

'Job Market Is Collapsing Like Pack Of Cards'

Rediff.com5 Jun 2026

'You have seen the retrenchments by big corporates in the IT industry because they are not getting enough offers.' 'MSMEs in the manufacturing sector are really struggling. They do not know what to do. They are not able to predict what will happen tomorrow.'

Insolvency Law Key to Improving Banking Sector Health, Says FM

Insolvency Law Key to Improving Banking Sector Health, Says FM

Rediff.com30 Mar 2026

Finance Minister Nirmala Sitharaman stated in the Lok Sabha that the Insolvency and Bankruptcy Code (IBC) has been a crucial factor in improving the health of India's banking sector, significantly aiding in the recovery of non-performing assets (NPAs).

Consumer Affairs Ministry To Develop AI-Powered SMART Standards

Consumer Affairs Ministry To Develop AI-Powered SMART Standards

Rediff.com4 Jun 2026

The Consumer Affairs Ministry is developing machine-readable SMART standards using AI to reduce industry compliance burden. This initiative aims to modernise India's standards ecosystem, with the Bureau of Indian Standards transitioning from a regulator to a facilitator, promoting private sector testing and faster processes.

Gurugram Police Seize Motorcycle Over Rs 2.29 Lakh In Unpaid Fines

Gurugram Police Seize Motorcycle Over Rs 2.29 Lakh In Unpaid Fines

Rediff.com11 Jun 2026

Gurugram Traffic Police impounded a motorcycle with 93 unpaid traffic challans amounting to Rs 2.29 lakh during a special enforcement drive. The violations primarily included riding without a helmet and breaching zebra crossing rules. Police are also raising awareness and targeting vehicles with challans pending over 90 days, while urging compliance with HSRP plates.