News for 'model'

How SBI Is Revolutionising Small Business Lending With UPI Data

How SBI Is Revolutionising Small Business Lending With UPI Data

Rediff.com11 Sep 2026

State Bank of India (SBI) is developing an innovative solution to assess the creditworthiness of small businesses lacking GST registration by utilising UPI transaction data. This initiative aims to provide end-to-end digital loans within a day, addressing the financial exclusion of many small enterprises.

LHC Experiment Unlocks Secrets Of Cosmic Ray Interactions With Earth's Atmosphere

LHC Experiment Unlocks Secrets Of Cosmic Ray Interactions With Earth's Atmosphere

Rediff.com15 Sep 2026

Researchers have successfully recreated in a laboratory setting how high-energy cosmic rays interact with Earth's atmospheric gases. Using CERN's Large Hadron Collider, an international team simulated collisions between cosmic particles, similar to those from supernovae, and oxygen beams. This unprecedented experiment provides a clearer understanding of interstellar particles and phenomena like the Northern Lights, improving upon previous computer simulations.

NSE IPO: 'Demand Is Unexpectedly Large'

NSE IPO: 'Demand Is Unexpectedly Large'

Rediff.com16 Sep 2026

Shares will be allocated across different institutional investors, including domestic mutual funds, other domestic institutions and FPIs.

Apple's Mac Mini: Mini In Size, Bigger In Performance -- And Price

Apple's Mac Mini: Mini In Size, Bigger In Performance -- And Price

Rediff.com26 Aug 2026

The new Mac mini stays true to its reputation: It is small on the outside but surprisingly powerful on the inside. But is it worth the price tag?

Banks will take 3-4 months to deploy FCNR(B) flows: Setty

Banks will take 3-4 months to deploy FCNR(B) flows: Setty

Rediff.com11 Sep 2026

State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.

Maharashtra Deputy CM Shinde Concludes UK Visit, Pitches For Global Investment

Maharashtra Deputy CM Shinde Concludes UK Visit, Pitches For Global Investment

Rediff.com11 Sep 2026

Maharashtra Deputy Chief Minister Eknath Shinde concluded a two-day visit to the UK, focusing on attracting foreign direct investment and promoting the state's economic potential. His engagements included receiving leadership awards, meeting with sports figures like Virat Kohli to discuss Olympic aspirations, and appealing to British investors to bring technology and capital to Maharashtra, leveraging the India-UK FTA.

How TCS Is Advancing AI-Led Manufacturing In India

How TCS Is Advancing AI-Led Manufacturing In India

Rediff.com9 Sep 2026

Tata Consultancy Services (TCS) has inaugurated India's first Industrial Autonomy & Engineering Lab in Pune, a "lights-out factory lab" designed to advance AI-led manufacturing. The facility features a robotic battery pack assembly line, enabling manufacturers to prototype and scale AI-first production systems with minimal human intervention, simulating self-optimising factories.

Asian Games Organisers Downplay Accommodation Issues, Blame 'Politicisation'

Asian Games Organisers Downplay Accommodation Issues, Blame 'Politicisation'

Rediff.com18 Sep 2026

The Olympic Council of Asia (OCA) has dismissed concerns about organisational chaos at the Asian Games, attributing criticisms to attempts to "politicise" the event. Despite widespread issues like accommodation scarcity, lengthy check-ins, and athlete complaints, OCA officials insist challenges are normal and are being handled effectively. They also addressed a diplomatic complaint from South Korea regarding a historical figure at a welcome ceremony and defended cost-saving measures like container-style accommodation.

Mercedes open to expanding plug-in hybrids for more models

Mercedes open to expanding plug-in hybrids for more models

Rediff.com18 Jun 2026

Mercedes-Benz India is exploring a larger role for plug-in hybrid electric vehicles (PHEVs) in its portfolio, with plans to potentially introduce the technology in more models beyond the newly launched S-Class plug-in hybrid. This strategy aims to cater to luxury car buyers who are hesitant about fully electric vehicles due to concerns over charging infrastructure and range.

Merchants to Pay 18% GST on UPI MDR for Transactions Above Rs 2,000

Merchants to Pay 18% GST on UPI MDR for Transactions Above Rs 2,000

Rediff.com16 Sep 2026

Merchants will be subject to an 18 per cent Goods and Services Tax (GST) on the Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, but can mitigate this burden by claiming input tax credit (ITC), according to tax experts.

Sikkim has 16 highly-dangerous glacial lakes, shows govt data

Sikkim has 16 highly-dangerous glacial lakes, shows govt data

Rediff.com4 Sep 2026

Sikkim has identified 40 high-hazard glacial lakes, with 16 at the highest risk of catastrophic outbursts. Following a devastating GLOF in 2023, the state is developing India's first dedicated GLOF Risk Mitigation Protocol, using advanced monitoring and interdisciplinary approaches to protect downstream settlements and serve as a model for other Himalayan regions.

Rajasthan local body polls hit by EVM snags; voter turnout touches 70%

Rajasthan local body polls hit by EVM snags; voter turnout touches 70%

Rediff.com12 Sep 2026

The second and final phase of urban local body elections in Rajasthan was marked by EVM-related glitches and voter issues, with a 57.38 per cent turnout recorded by 3 pm. Prominent leaders like Lok Sabha Speaker Om Birla, Chief Minister Bhajanlal Sharma, and former Chief Minister Ashok Gehlot cast their votes, while several incidents of disputes and alleged bogus voting were reported across various polling stations.

UPI MDR: Ministry Addresses Concerns Over Cash Transactions And Inflation

UPI MDR: Ministry Addresses Concerns Over Cash Transactions And Inflation

Rediff.com17 Sep 2026

The Finance Ministry has clarified that the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, is not expected to increase cash transactions or cause inflation. The ministry also dismissed allegations of US pressure influencing the decision, asserting that the policy aims to promote RuPay credit cards within the UPI ecosystem, and a monitoring mechanism will ensure the MDR burden is not passed on to consumers.

Sajjan Kumar remark: Cong leader seeks Deepender Hooda's CWC ouster

Sajjan Kumar remark: Cong leader seeks Deepender Hooda's CWC ouster

Rediff.com23 Aug 2026

Congress MLA and former Haryana Assembly Speaker Kuldeep Sharma has urged Congress president Mallikarjun Kharge to remove Rohtak MP Deepender Singh Hooda from the Congress Working Committee (CWC) over his remarks praising former party leader Sajjan Kumar.

Tata Motors claims No. 2 spot in India's PV market with record market share gains

Tata Motors claims No. 2 spot in India's PV market with record market share gains

Rediff.com2 Sep 2026

Tata Motors has emerged as the biggest market-share gainer among India's leading passenger vehicle (PV) makers in the first eight months of 2026, securing the No. 2 position in the PV market.

Minor Dispute Leads To Fatal Stabbing In Model Town

Minor Dispute Leads To Fatal Stabbing In Model Town

Rediff.com5 Jun 2026

A teenager, Ashu alias Lala, has been arrested in Delhi for the fatal stabbing of 25-year-old Sahil. The incident occurred after a minor dispute escalated into a physical altercation where Sahil allegedly slapped Ashu, leading to the fatal stabbing. Police tracked the accused, who later surrendered, and further investigation is underway.

Woo-Hoo! Uditi Singh Won't Stay In One Lane

Woo-Hoo! Uditi Singh Won't Stay In One Lane

Rediff.com8 Sep 2026

Uditi Singh has the kind of style that refuses to stay in one lane. One minute she's serving desi glamour in a sharara or sari, the next she's slipping into a boho maxi, a party-ready mini or a pair of seriously cool boots.

'We Are Adjusting': Indian Athletes Face Cramped Rooms at Asian Games

'We Are Adjusting': Indian Athletes Face Cramped Rooms at Asian Games

Rediff.com17 Sep 2026

India's Asian Games contingent faces accommodation issues at Costa Serena, as athletes report cramped rooms and long delays amid organisational chaos.

Understanding The GST Impact On UPI Transactions Over Rs 2,000

Understanding The GST Impact On UPI Transactions Over Rs 2,000

Rediff.com16 Sep 2026

Tax experts clarify that merchants will pay 18% GST on Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, effective October 15. However, registered merchants can claim Input Tax Credit (ITC), mitigating the tax burden. This move is expected to generate significant GST revenue for the exchequer while funding payment infrastructure.

Indian Athletes Face Cramped Rooms, Long Waits At Asian Games

Indian Athletes Face Cramped Rooms, Long Waits At Asian Games

Rediff.com17 Sep 2026

Indian athletes at the Asian Games in Nagoya are facing significant accommodation challenges, including cramped rooms on a cruise ship and long waits for check-in. The host nation's athletes are also affected, with complaints about shared rooms and general mismanagement. Organisers have opted against a traditional Athletes Village, leading to athletes travelling long distances for training, further exacerbating the logistical issues ahead of the mega-event.

How To Pick The Right Broker

How To Pick The Right Broker

Rediff.com15 Sep 2026

Investors opening new brokerage accounts must choose a broker suited to their style.

Sebi to widen AI surveillance net to detect financial misstatements

Sebi to widen AI surveillance net to detect financial misstatements

Rediff.com25 Aug 2026

The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.

BMW India CEO: Remove EV Road Tax Caps to Boost Adoption

BMW India CEO: Remove EV Road Tax Caps to Boost Adoption

Rediff.com13 Sep 2026

Hardeep Singh Brar, President and CEO of BMW Group India, has urged state governments like Delhi to remove price caps on road tax benefits for electric vehicles (EVs), arguing that such limits deter luxury-car buyers and hinder the transition to cleaner mobility in pollution-affected regions.

SEMICON India 2026: Unpacking India's Strategic Push For Chip Manufacturing

SEMICON India 2026: Unpacking India's Strategic Push For Chip Manufacturing

Rediff.com16 Sep 2026

India is making a significant push to establish itself as a global semiconductor manufacturing hub, driven by strategic investments and policy support. The upcoming SEMICON India 2026 event will showcase the country's advancements and ambitions in this critical industry, which underpins virtually all modern electronic devices and has faced global supply chain vulnerabilities.

IIT Madras Breakthrough: Chemical-Free Surface Fights Superbugs

IIT Madras Breakthrough: Chemical-Free Surface Fights Superbugs

Rediff.com6 Sep 2026

Researchers at IIT Madras have patented a chemical-free antibacterial surface that physically eliminates harmful bacteria, including "superbugs," without relying on antibiotics or disinfectants. This innovative technology uses specially engineered nanostructures to rupture bacterial cell walls, offering a sustainable solution to Antimicrobial Resistance (AMR) for biomedical and public health applications.

'Everywhere there is filth in Mumbai, is this international city?' HC

'Everywhere there is filth in Mumbai, is this international city?' HC

Rediff.com10 Sep 2026

The Bombay High Court has strongly criticised the Brihanmumbai Municipal Corporation (BMC) for the pervasive garbage on Mumbai's roads, warning of action against ward officers if the situation does not improve. Hearing petitions on pollution near the Kanjurmarg dumping ground, the court observed that the "entire municipal machinery is inactive" and suggested imposing heavy fines on litterers. The court has demanded BMC's Standard Operating Procedure and a list of officers responsible for cleanliness, threatening to remove those who fail to act.

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Finance Minister Calls For Robust AI Safeguards In Finance Sector

Rediff.com11 Sep 2026

Finance Minister Nirmala Sitharaman has called for enhanced accountability and safeguards for artificial intelligence, particularly as it integrates into critical sectors like finance. Speaking at the Global Fintech Fest, she highlighted the dual nature of AI, capable of accelerating transactions but also amplifying fraud and cyberattacks. Sitharaman stressed the need for human and institutional responsibility in AI-driven decisions, urging regulators and companies to scrutinise high-risk AI applications. She also proposed a federated industry platform for Indian tech companies to navigate international regulations and ensure tax compliance globally.

Jawa, Yezdi Maker Targets 200,000 Capacity By December

Jawa, Yezdi Maker Targets 200,000 Capacity By December

Rediff.com10 Sep 2026

The company has also started scouting for land for a new plant, as it plans manufacturing capacity beyond its immediate volume requirements.

'Kareena Performs From The Gut'

'Kareena Performs From The Gut'

Rediff.com17 Sep 2026

'Kareena is completely instinctive.'

Hockey India row deepens as Tirkey blocks key meeting

Hockey India row deepens as Tirkey blocks key meeting

Rediff.com15 Sep 2026

Hockey India president Dilip Tirkey has denied sanctioning an emergent Executive Committee Meeting called by secretary Bhola Nath Singh, intensifying an internal power struggle. The dispute stems from a jersey colour change controversy and the secretary's attempt to address various issues, including the Hockey India League's future and upcoming elections, which Tirkey claims is beyond his authority to convene.

Tirkey, Bhola Nath face off as Hockey India crisis grows

Tirkey, Bhola Nath face off as Hockey India crisis grows

Rediff.com15 Sep 2026

Hockey India is embroiled in a significant internal dispute between President Dilip Tirkey and Secretary Bhola Nath Singh, primarily over a controversial jersey colour change and the authority to call emergent meetings. An upcoming Executive Board meeting aims to address these differences, discuss the future of the Hockey India League (HIL) including its restructuring into a joint venture, finalise election dates, and deliberate on hosting Asian Champions Trophy events.

UP Governor Calls For Comprehensive AI Integration Across University Curricula

UP Governor Calls For Comprehensive AI Integration Across University Curricula

Rediff.com13 Sep 2026

Uttar Pradesh Governor Anandiben Patel addressed AI Manthan 2.0, advocating for the comprehensive integration of Artificial Intelligence across all university subjects rather than as a standalone course. She urged universities to develop clear, time-bound AI roadmaps covering education, research, healthcare, and agriculture, emphasising indigenous AI development, employment creation, and the importance of "Safe and Trusted AI." The event also saw the formation of an AI Policy Advisory Group and an AI Implementation Group to drive these initiatives.

Congress Questions Government's UPI Fee Notification

Congress Questions Government's UPI Fee Notification

Rediff.com15 Sep 2026

The Congress party has criticised the government's recent notification regarding UPI transactions, alleging it paves the way for users to be charged fees, particularly for transactions above Rs 2,000. The party claims the government lacks transparency and questions if the move is to benefit American firms. The government, however, states that charges are necessary for the system's sustainability and infrastructure upgrades, with the Finance Minister clarifying that Merchant Discount Rate (MDR) applies to merchants, not customers.

Why Fund Managers Are Avoiding IT Stocks

Why Fund Managers Are Avoiding IT Stocks

Rediff.com9 Sep 2026

IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.

The Lawyer Who Quit Her Job To Make Lord Ganeshas

The Lawyer Who Quit Her Job To Make Lord Ganeshas

Rediff.com14 Sep 2026

A third generation murtikar and probably one of the first in her family, Manaswi Bagwe, a self-taught sculptor, is quietly pushing the boundaries of idol-making.

How UPI Rewired India's Money Story

How UPI Rewired India's Money Story

Rediff.com17 Sep 2026

Digital money is gradually starting to behave like software. It's no longer inert -- sitting passively in accounts. In the not-so-distant future, your money could become 'smart' and 'active,' understanding your preferences, paying your bills automatically, optimising your returns, and managing your risks -- all without you having to manage the details.

Raj local polls: BJP wins 4 of 10 civic bodies; Independents emerge as key players

Raj local polls: BJP wins 4 of 10 civic bodies; Independents emerge as key players

Rediff.com14 Sep 2026

The ruling BJP has increased its lead over the Congress in the Rajasthan urban local body elections, winning 3,587 wards against Congress's 3,050. Independents also performed strongly, securing 2,024 wards. While BJP secured a clear majority in Udaipur, Congress won in Ajmer and Pali. Bharatpur, the Chief Minister's hometown, saw Independents leading. These elections are a crucial test for the Bhajanlal Sharma-led BJP government ahead of the 2028 Assembly polls.

AI Integration To Propel India's ER&D Revenue Beyond USD 100 Billion By 2030

AI Integration To Propel India's ER&D Revenue Beyond USD 100 Billion By 2030

Rediff.com1 Sep 2026

India's Engineering Research and Development (ER&D) sector is projected to exceed USD 100 billion in revenue by 2030, driven significantly by the integration of Artificial Intelligence (AI) into engineering workflows. This growth, highlighted by Nasscom, positions India as a critical global engineering hub, necessitating focus on talent development and strategic partnerships.

Belgium withholds support for Infantino over Balogun red-card row

Belgium withholds support for Infantino over Balogun red-card row

Rediff.com7 Sep 2026

The Belgian football federation (RBFA) will not support Gianni Infantino's re-election as FIFA president unless it receives satisfactory answers regarding the handling of the Folarin Balogun red-card case at the World Cup and other governance concerns.

Civil Aviation Minister Highlights Immense Opportunities For MSMEs In India's Booming Aviation Sector

Civil Aviation Minister Highlights Immense Opportunities For MSMEs In India's Booming Aviation Sector

Rediff.com10 Sep 2026

Civil Aviation Minister K Rammohan Naidu announced significant opportunities for Micro, Small, and Medium Enterprises (MSMEs) within India's rapidly expanding aviation sector. With Indian airlines ordering over 1,600 aircraft and the aerospace market projected to double by 2035, there's a massive scope for Indian suppliers to integrate into global aerospace supply chains, moving beyond assembly to design and manufacturing.