News for 'it sector'

India And UK Startup Ecosystems Explore AI Collaboration

India And UK Startup Ecosystems Explore AI Collaboration

Rediff.com2 Jun 2026

A delegation of Indian startup founders and leaders visited the UK to explore collaborations in artificial intelligence and technology, aiming to strengthen the India-UK innovation corridor.

Armed Robbers Target Retired Colonel's Gurugram Home

Armed Robbers Target Retired Colonel's Gurugram Home

Rediff.com6 Jun 2026

A group of armed criminals broke into the Gurugram home of a retired colonel, threatening his son's family and fleeing with jewellery worth lakhs and cash. Police have registered an FIR and launched an investigation, forming a special team to identify the culprits.

IIP basket gets a refresh: Rare earths in, kerosene out

IIP basket gets a refresh: Rare earths in, kerosene out

Rediff.com26 May 2026

The new Index of Industrial Production (IIP) series, which shifts the base year from 2011-12 to 2022-23 and is scheduled for release on June 1, will, for the first time, track rare earths and minor minerals, piped natural gas (PNG), and water supply, sewerage and waste management.

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

SBI Chief Setty backs RBI rate pause, urges focus on India's long-term growth story

Rediff.com4 Jun 2026

State Bank of India Chairman C S Setty has expressed support for a 'pause' in policy rates by the Reserve Bank of India's monetary policy committee, believing it will help stabilise conditions and support economic growth. He also urged investors to look beyond short-term equity market movements and focus on India's structural transformation, driven by reforms and digital infrastructure.

Former RCom MD Amitabh Jhunjhunwala In Judicial Custody

Former RCom MD Amitabh Jhunjhunwala In Judicial Custody

Rediff.com5 Jun 2026

Amitabh Jhunjhunwala, former group managing director of Anil Ambani-led Reliance Communications, has been remanded in 14-day judicial custody in an alleged bank loan fraud case. The CBI alleges misutilisation of loan funds, causing significant losses to a consortium of banks led by SBI.

Want To Make India's Heaviest Rocket, LVM3?

Want To Make India's Heaviest Rocket, LVM3?

Rediff.com12 Jun 2026

The EoI comes at a time when ISRO is working to enhance LVM3's payload capacity to five tonnes in GTO and is also evaluating the procurement of a Russian semi-cryogenic engine for the vehicle's second stage.

Why Estonian Tech Startups Are Keen On Partnering With India

Why Estonian Tech Startups Are Keen On Partnering With India

Rediff.com31 May 2026

Estonian tech startups in AI, cybersecurity, defence, and medicine are showing interest in collaborating with India, aiming to tap into its vast market. Latitude59, a prominent startup conference, is considering hosting a networking event in India next year to foster these partnerships.

Gurugram Police Nab Two For Stealing Tyres, Rims

Gurugram Police Nab Two For Stealing Tyres, Rims

Rediff.com30 May 2026

Gurugram Police have arrested two individuals for allegedly stealing tyres and rims from vehicles parked in residential areas and along roadsides. Authorities recovered numerous stolen items from the accused, including tyres, rims, and alloy wheels.

Faridabad Woman Found Dead; Family Alleges Murder

Faridabad Woman Found Dead; Family Alleges Murder

Rediff.com1 Jun 2026

A woman was found dead at her home in Faridabad, with her family alleging murder by her husband, his alleged lover, and his parents. Police have registered a case and are investigating the matter.

Faridabad Woman Found Dead; Family Alleges Murder

Faridabad Woman Found Dead; Family Alleges Murder

Rediff.com1 Jun 2026

A woman was found dead at her home in Faridabad, with her family alleging murder by her husband, his alleged lover, and his parents. Police have registered a case and are investigating the matter.

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

Rediff.com9 Jun 2026

A US federal judge has ruled that the USD 100,000 fee imposed by former President Donald Trump for H-1B visa applications was unlawful, as it lacked congressional approval. The ruling states the fee was a tax, exceeding the administration's authority and impacting skilled global talent.

Man Arrested In Odisha Bank Loan Fraud Case

Man Arrested In Odisha Bank Loan Fraud Case

Rediff.com28 May 2026

The Economic Offences Wing (EOW) of Odisha Police has arrested another person from Bhubaneswar for his alleged involvement in a bank loan fraud case worth Rs 6.88 crore.

West Asia crisis: Govt mulls more relief packages for vulnerable sectors

West Asia crisis: Govt mulls more relief packages for vulnerable sectors

Rediff.com29 Mar 2026

The Indian government is considering additional relief packages for vulnerable sectors like MSMEs to mitigate the impact of the ongoing West Asia crisis on the economy and inflation.

Time To Choose Growth Over Rupee Fear

Time To Choose Growth Over Rupee Fear

Rediff.com11 Jun 2026

The primary objective should be to figure out a way to grow at 7 to 7.5 per cent with inflation around 4 per cent. Any policy that can help us get there must be experimented with. Those that work should stay. Those that do not should go, suggests Karan Bhasin.

Gurugram Man Arrested For Murdering Brother Over Alcohol Dispute

Gurugram Man Arrested For Murdering Brother Over Alcohol Dispute

Rediff.com4 Jun 2026

A 23-year-old man, Aman, has been arrested in Gurugram for allegedly murdering his elder brother, Ashish, following an argument about Ashish's drinking habit. The incident occurred on May 31, and Aman confessed to striking his brother with a brick and a spade.

LIC emerges as highest profit-making financial company in Jan-Mar quarter

LIC emerges as highest profit-making financial company in Jan-Mar quarter

Rediff.com24 May 2026

State-owned Life Insurance Corporation of India (LIC) has reported a net profit of over Rs 23,400 crore for the January-March quarter, making it the highest profit-making firm in the Indian financial sector during this period, surpassing major banks like SBI and HDFC Bank.

The Fragile Truth Behind India's Bull Market

The Fragile Truth Behind India's Bull Market

Rediff.com9 Jun 2026

The Indian stock market mythos of 36 years is wrapped in a diaphanous negligee, lashed together by a delicate, etheric sash of 1.6 bull markets. To make money from here on will require a ground invasion, trench by trench, rather than carpet bombing. Way more difficult, points out Shankar Sharma.

Territorial integrity to be part of BSF's new mandate: Amit Shah

Territorial integrity to be part of BSF's new mandate: Amit Shah

Rediff.com29 May 2026

Union Home Minister Amit Shah announced a new 'territorial security' paradigm to complement conventional border security, involving public participation and advanced technology. He also highlighted progress in securing vulnerable areas along the Pakistan border and plans to expand the BSF's operational mandate.

Modi shares glimpses of Italy visit, 'Melody moment'

Modi shares glimpses of Italy visit, 'Melody moment'

Rediff.com21 May 2026

Prime Minister Narendra Modi's visit to Italy concluded with the elevation of India-Italy relations to a Special Strategic Partnership, focusing on enhanced cooperation across various sectors.

CBSE revaluation portal hit by cyberattack, fees spike to Rs 68,000

CBSE revaluation portal hit by cyberattack, fees spike to Rs 68,000

Rediff.com30 May 2026

The CBSE revaluation portal experienced a cyber attack, affecting the payment system and leading to unauthorised access for approximately 50 students. The incident caused fee display abnormalities, prompting investigations and system enhancements.

Stock markets today: Sensex, Nifty Climb in Early Trade

Stock markets today: Sensex, Nifty Climb in Early Trade

Rediff.com5 Jun 2026

Indian stock market benchmarks, Sensex and Nifty, saw gains in early trading, driven by anticipation surrounding the Reserve Bank of India's monetary policy decision, despite mixed global cues and significant FII outflows.

Why Are Helmet Prices Rising Across India?

Why Are Helmet Prices Rising Across India?

Rediff.com10 Jun 2026

The start of the West Asia conflict has led to a sharp increase in crude-linked raw material prices, pushing up the price of helmets across the country.

Government okays Rs 10,000 cr jet fuel fund for airlines

Government okays Rs 10,000 cr jet fuel fund for airlines

Rediff.com4 Jun 2026

The support will be provided to oil-marketing companies (OMCs) in the form of interest-free advances through the ministry of petroleum and natural gas. The OMCs, in turn, will use the fund to provide ATF price stabilisation support to Indian carriers operating domestic and international flights.

Crisil: Gold Jewellery Sales Volume to Drop 13-15% in FY27 Amid High Prices, Duty Hike

Crisil: Gold Jewellery Sales Volume to Drop 13-15% in FY27 Amid High Prices, Duty Hike

Rediff.com22 May 2026

India's organised gold jewellery retail sector is projected to experience a 13-15 per cent year-on-year decline in sales volumes this fiscal, following an 8 per cent drop last year, due to elevated gold prices and a recent import duty hike, according to a Crisil report.

Pakistani youth crosses LoC to meet lover in Uri, apprehended by Army

Pakistani youth crosses LoC to meet lover in Uri, apprehended by Army

Rediff.com31 May 2026

A 22-year-old man from Pakistan-occupied Kashmir crossed the Line of Control (LoC) to meet his lover in North Kashmir's Uri sector but was apprehended by the Indian Army.

Tailor Held For Arson During Noida Labour Unrest

Tailor Held For Arson During Noida Labour Unrest

Rediff.com23 May 2026

A tailor has been arrested for allegedly setting vehicles on fire during labour unrest in Noida on April 13. Police allege the accused incited workers to strike and then participated in arson, damaging vehicles with iron pipes. The accused was identified using scientific and electronic evidence.

Gurnoor Brar: Why this 6'4 pacer is India's next big fast bowler

Gurnoor Brar: Why this 6'4 pacer is India's next big fast bowler

Rediff.com10 Jun 2026

India fast bowler Gurnoor Brar has emerged as one of the country's promising pace prospects after a steady rise through college cricket and domestic performances, earning a call-up to the national setup ahead of India A's upcoming tour.

'We Treat Retirement Like A Distant Destination'

'We Treat Retirement Like A Distant Destination'

Rediff.com5 Jun 2026

If you have ever said 'I'll sort retirement later,' now is when 'later' begins.

IIT Roorkee Inks Deal To Transfer Battery Technology

IIT Roorkee Inks Deal To Transfer Battery Technology

Rediff.com22 May 2026

The Indian Institute of Technology Roorkee has signed two technology transfer agreements with Cathion Energy Private Limited for the commercialisation of advanced lithium-ion battery electrode technologies.

RBI Governor: India's Forex Reserves at $682 Billion, 11 Months Import Cover

RBI Governor: India's Forex Reserves at $682 Billion, 11 Months Import Cover

Rediff.com5 Jun 2026

Reserve Bank Governor Sanjay Malhotra announced that India's foreign exchange reserves stand at a healthy $682.3 billion as of May 29, 2026, providing approximately 11 months of import cover and strong protection against external shocks.

South India Industry Feels Absence of Bengal, Assam Workers

South India Industry Feels Absence of Bengal, Assam Workers

Rediff.com23 May 2026

South India's manufacturing, construction, and services sectors are grappling with severe labour shortages, prompting employers to offer attractive incentives like free air tickets and salary increments to lure migrant workers back from their home states after recent assembly elections.

Haryana Government Invests in AI Skills for Public Sector Employees

Haryana Government Invests in AI Skills for Public Sector Employees

Rediff.com6 Apr 2026

The Haryana government is launching an initiative to equip its employees with artificial intelligence (AI) skills through the iGOT Karmayogi platform, aiming to enhance governance and public service delivery.

IAF, DRDO conducts flight-tests of RudraM-II air-to-surface missile

IAF, DRDO conducts flight-tests of RudraM-II air-to-surface missile

Rediff.com2 Jun 2026

The Defence Research and Development Organisation (DRDO) and the Indian Air Force (IAF) have successfully conducted flight tests of the RudraM-II air-to-surface missile, marking a significant milestone in indigenous defence technology.

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Paint Majors' Outlook Brightens on Robust Demand, Strategic Price Hikes

Rediff.com8 Jun 2026

Indian paint majors, including Asian Paints, Berger Paints, and Kansai Nerolac, reported better-than-expected performance in Q4FY26, driven by steady demand, improved product mix, and strategic price hikes. The sector is also benefiting from reduced competitive intensity as new players also increase prices, narrowing the gap with incumbents.

Woman claims on video she cooked beef for Bengal CM, arrested in Gurugram

Woman claims on video she cooked beef for Bengal CM, arrested in Gurugram

Rediff.com3 Jun 2026

A woman was arrested in Gurugram for allegedly hurting religious sentiments after uploading a video claiming to have cooked beef for the West Bengal Chief Minister. She was denied bail, and her mobile phone was seized for forensic examination, with the next hearing set for June 8.

India's Auto Retail Sales Hit Record High in May Despite Fuel Price Hike

India's Auto Retail Sales Hit Record High in May Despite Fuel Price Hike

Rediff.com8 Jun 2026

India's total automobile retail sales recorded a significant 9.55 per cent year-on-year growth in May, reaching an all-time high of 25,31,067 units, driven by strong performances in three-wheelers, passenger vehicles, and tractors, despite prevailing heatwave conditions and fuel price pressures.

Gen Subramani takes charge as CDS, seeks to implement theaterisation

Gen Subramani takes charge as CDS, seeks to implement theaterisation

Rediff.com31 May 2026

Gen NS Raja Subramani has taken over as India's new Chief of Defence Staff, succeeding Gen Anil Chauhan. His primary focus will be on implementing the military theaterisation plan and enhancing tri-services synergy.

Gurugram Civic Body Receives Bomb Threat, Later Declared Hoax

Gurugram Civic Body Receives Bomb Threat, Later Declared Hoax

Rediff.com4 Jun 2026

Gurugram's municipal corporation headquarters and mayor's office received a bomb threat email, allegedly from a pro-Khalistan group, threatening blasts at government buildings and Hindu temples. Extensive search operations were conducted, leading to the evacuation of around 1,000 staff members, but the threat was later declared a hoax. Police are investigating the sender of the email.

India's GST Collections Climb 3.2% to Rs 1.94 Lakh Crore in May

India's GST Collections Climb 3.2% to Rs 1.94 Lakh Crore in May

Rediff.com1 Jun 2026

India's gross GST collections increased by 3.2 per cent to over Rs 1.94 lakh crore in May, driven by improved supplies of goods and services and a continued expansion in collections from imports.

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Adani Group achieves record $16.1 billion capex, $10 billion EBITDA in FY26

Rediff.com2 Jun 2026

Adani group companies reported a record capital expenditure of Rs 1.53 lakh crore (USD 16.1 billion) and an all-time high EBITDA of Rs 94,834 crore (USD 10 billion) in the 2025-26 fiscal year, signalling an accelerating infrastructure expansion cycle while maintaining leverage below its stated target.