News for 'per cent of India'

Bajaj Finance sees 29% profit surge in Q1, driven by robust NII and AUM growth

Bajaj Finance sees 29% profit surge in Q1, driven by robust NII and AUM growth

Rediff.com31 Jul 2026

Bajaj Finance, India's largest private-sector NBFC, reported a 29 per cent year-on-year increase in standalone net profit to 5,346 crore for Q1FY27, propelled by robust growth in net interest income and assets under management, which surpassed 4 trillion.

Startups Bet Big on Quick Commerce

Startups Bet Big on Quick Commerce

Rediff.com1 days ago

For these startups, qcom is emerging as a launch and discovery platform, not simply a fulfilment channel.

Crude oil, West Asia developments, inflation data to dictate market trends this week

Crude oil, West Asia developments, inflation data to dictate market trends this week

Rediff.com5 days ago

Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.

Polymer rupee notes may be a reality in FY28

Polymer rupee notes may be a reality in FY28

Rediff.com5 Aug 2026

RBI Governor Sanjay Malhotra announced plans to launch long-lasting polymer currency notes by the next financial year. He also discussed the central bank's data-dependent approach to interest rates, its focus on aligning inflation with the 4 per cent target, and the orderly trajectory of the rupee amidst geopolitical tensions.

'A Student's Life Can't Be Held Hostage To A 3-Hour Performance'

'A Student's Life Can't Be Held Hostage To A 3-Hour Performance'

Rediff.com4 days ago

Education sector experts agree that using the "best technology" was essential to ensure students did not have to sit for an examination all over again because of a question paper leak.

When The 'Jackfruit King' Met PM Modi

When The 'Jackfruit King' Met PM Modi

Rediff.com2 days ago

'He wanted to know what products I'd brought along, so I showed him jackfruit flour, which research has linked to managing type 2 diabetes.' 'Then jackfruit seed flour, a strong source of protein that rural households have eaten for generations without it ever becoming a commercial product. I gave him ripe jackfruit chips too.'

How SBI Is Revolutionising Banking With Artificial Intelligence

How SBI Is Revolutionising Banking With Artificial Intelligence

Rediff.com2 days ago

State Bank of India (SBI) is extensively using artificial intelligence to underwrite nearly Rs 1 lakh crore in MSME loans and automate the processing of cheques up to Rs 10,000. This AI adoption aims to enhance efficiency, free up employee bandwidth, and improve customer service across various banking functions.

Why Hooda wants Haryana to host CWG 2030

Why Hooda wants Haryana to host CWG 2030

Rediff.com4 Aug 2026

Congress MP Deepender Hooda has urged the central government to consider Haryana as the host or co-host for the 2030 Commonwealth Games, citing the state's significant contribution to India's medal tally in major competitions.

India's Auto Sector Records Highest-Ever Q1 Dispatches in FY27

India's Auto Sector Records Highest-Ever Q1 Dispatches in FY27

Rediff.com15 Jul 2026

Domestic passenger vehicle dispatches in India reached a record 12,73,811 units in the first quarter of FY27, marking a 25.9 per cent growth, driven by robust domestic demand despite geopolitical headwinds, according to SIAM.

Is Tata Motors Becoming India's EV King?

Is Tata Motors Becoming India's EV King?

Rediff.com3 Jul 2026

Tata Motors expands its market leadership in India's electric passenger vehicle (ePV) segment, capturing 39 per cent of the market in Q1FY27, while simultaneously strengthening its position as the nation's second-largest carmaker amidst fierce competition and rapid market growth.

Industrial Production Jumps 7.3% in June, Driven by Manufacturing & Power

Industrial Production Jumps 7.3% in June, Driven by Manufacturing & Power

Rediff.com28 Jul 2026

India's industrial production recorded a significant 7.3 per cent year-on-year growth in June, primarily fuelled by a strong performance in the manufacturing sector and robust expansion in electricity and gas supply.

Google Bets Big on India's AI Future

Google Bets Big on India's AI Future

Rediff.com15 Jul 2026

The aim is to win over the country's enterprises, developers and startups as AI systems shift from answering questions to autonomously executing tasks.

Maruti Suzuki's Q1 net profit falls 9% despite sales jump, as West Asia conflict drives up costs

Maruti Suzuki's Q1 net profit falls 9% despite sales jump, as West Asia conflict drives up costs

Rediff.com1 Aug 2026

Maruti Suzuki India (MSIL) reported a 9.1 per cent year-on-year decline in net profit for the April-June quarter of 2026-27, marking its second consecutive quarterly fall. This dip occurred despite a significant 29.3 per cent jump in sales volume, primarily due to escalating commodity prices, increased energy costs, and logistics disruptions stemming from the West Asia conflict.

NITI Aayog's Vision For India's Bioeconomy Growth

NITI Aayog's Vision For India's Bioeconomy Growth

Rediff.com16 Jul 2026

A NITI Aayog report outlines India's potential to scale its bioeconomy to USD 691 billion by 2035 and USD 2.6 trillion by 2047, creating over 30 million high-value jobs. The report stresses the need for coordinated national execution, regulatory reforms, a strengthened talent pipeline, and a significant BioEconomy Growth Fund to achieve this vision, positioning India among the top biotechnology powers globally.

Maha FDA suspends licences of Domino's outlets over hygiene

Maha FDA suspends licences of Domino's outlets over hygiene

Rediff.com2 days ago

The Maharashtra Food and Drug Administration (FDA) has suspended the food business licences of four Domino's Pizza outlets, including three in Mumbai, and several other chain restaurants like KFC and Pizza Hut, citing alleged violations of food safety and hygiene norms during a special drive.

Mercedes-Benz India to launch more hybrid vehicles, undeterred by policy support gaps

Mercedes-Benz India to launch more hybrid vehicles, undeterred by policy support gaps

Rediff.com23 Jul 2026

Mercedes-Benz India plans to continue introducing hybrid vehicles, including the new AMG E 53 plug-in hybrid EV, to meet consumer demand, viewing hybrids as a crucial bridge to full electrification despite the absence of supportive government policies.

BJP-SAD to reunite? Badal backs delimitation bill after Modi meet

BJP-SAD to reunite? Badal backs delimitation bill after Modi meet

Rediff.com6 days ago

The Shiromani Akali Dal (SAD) has called for the immediate passage of the women's reservation bill and the delimitation bill, advocating for a uniform 50 per cent increase in seats for all states to ensure fair and equitable representation.

Air India expects 50-60 new planes in 18 months, transformation on track

Air India expects 50-60 new planes in 18 months, transformation on track

Rediff.com20 Jul 2026

Air India Group anticipates the delivery of 50-60 new aircraft within the next 18 months, with its ambitious transformation programme progressing despite global challenges like supply chain issues and geopolitical tensions, according to Chief Commercial Officer Nipun Aggarwal.

Services sector sees growth slowdown to 4.5 year low in July

Services sector sees growth slowdown to 4.5 year low in July

Rediff.com5 Aug 2026

India's services sector experienced its weakest growth in four-and-a-half years in July, as new business orders, both domestic and export, eased due to intense competition and declining demand. Despite a modest rebound in job creation and improved profit margins, overall business confidence slipped, reflecting a broader slowdown in the economy.

National Handloom Day: 6 Wondrous Indian Handloom Fabrics

National Handloom Day: 6 Wondrous Indian Handloom Fabrics

Rediff.com7 days ago

Our nation's skilled artisans spend days, sometimes weeks and months, weaving everything from gorgeous shawls to fantastic rugs, along with saris, using techniques passed down from father to son over centuries.

Sensex-Nifty closing divergence shrinks, but market worries persist over CAS rollout

Sensex-Nifty closing divergence shrinks, but market worries persist over CAS rollout

Rediff.com6 Aug 2026

The divergence between the Sensex and Nifty closing values narrowed on the third day of the Closing Auction Session (CAS) rollout, but market participants, including Zerodha's Nithin Kamath, highlight structural issues and the unfortunate timing of its introduction alongside new RBI norms.

'Chicken's Neck' link to northeast to get 4th railway line

'Chicken's Neck' link to northeast to get 4th railway line

Rediff.com1 days ago

The Centre has approved a fourth railway line through the strategically important 'Chicken's Neck' corridor, a crucial link for Northeast India. This, along with other infrastructure projects like a double-line underground project and station redevelopment, aims to enhance connectivity, capacity, and passenger services in the region.

The Outsider Who Went On To Helm Tata Sons

The Outsider Who Went On To Helm Tata Sons

Rediff.com2 days ago

Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.

Trump's New Tariffs Face Legal Heat

Trump's New Tariffs Face Legal Heat

Rediff.com31 Jul 2026

'Tariff action relating to the excess-capacity investigation will be even more susceptible to judicial overturn.'

What Went Wrong At Tata Sons After Ratan Tata?

What Went Wrong At Tata Sons After Ratan Tata?

Rediff.com1 days ago

Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.

India's Top Arms Supplier Is...

India's Top Arms Supplier Is...

Rediff.com26 Jun 2026

Europe has overtaken Asia as India's biggest arms supplier, reflecting New Delhi's evolving defence procurement strategy.

GenAI Talent Shortage Hits India

GenAI Talent Shortage Hits India

Rediff.com29 Jun 2026

GenAI recorded the widest talent gap, followed by AI deployment engineering (72.4 per cent), AI governance (70 per cent), and MLOps (68 per cent).

EV sales in India hit record high, with 63% YoY increase in June

EV sales in India hit record high, with 63% YoY increase in June

Rediff.com8 Jul 2026

India's electric vehicle market achieved a significant milestone in June 2026, accounting for over 12% of total vehicle retail sales for the first time. This growth, driven by strong demand across electric two-wheelers, passenger vehicles, and commercial vehicles, saw overall EV retail sales surge by 63% year-on-year to a record 306,220 units, indicating a mainstream shift in mobility.

TN House demands 543-seat LS formula, 33% women quota from 2029

TN House demands 543-seat LS formula, 33% women quota from 2029

Rediff.com2 days ago

The Tamil Nadu Assembly has adopted a resolution, moved by Chief Minister C Joseph Vijay, urging the Union government to permanently fix the Lok Sabha strength at 543 and implement 33 per cent women's reservation by 2029. The resolution also opposes delimitation that could disadvantage states successful in population control.

Mahindra & Mahindra's Q1 Profit Jumps 34% to Rs 5,455 Crore

Mahindra & Mahindra's Q1 Profit Jumps 34% to Rs 5,455 Crore

Rediff.com30 Jul 2026

Mahindra & Mahindra (M&M) Ltd reported a significant 34 per cent year-on-year increase in Profit After Tax (PAT) to Rs 5,455 crore for the June quarter, driven by strong performance in its Auto and Farm segments despite challenging macro-economic conditions.

Can Harmanpreet end India's 50-year hockey World Cup medal drought?

Can Harmanpreet end India's 50-year hockey World Cup medal drought?

Rediff.com22 Jul 2026

Indian men's hockey captain Harmanpreet Singh believes his side is capable of ending the country's five-decade-long World Cup medal drought, drawing parallels with the team's success at the Tokyo Olympics.

India climbs to 11th among top FDI destinations in 2025, UN report reveals

India climbs to 11th among top FDI destinations in 2025, UN report reveals

Rediff.com8 Jul 2026

India has significantly improved its position as a global foreign direct investment (FDI) destination, climbing two places to 11th in 2025, with inflows surging by nearly 44 per cent to $38.89 billion, according to the United Nations Conference on Trade and Development (Unctad) World Investment Report 2026.

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

Rediff.com29 Jul 2026

India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.

India Batting Coach Dismisses Kohli-Gambhir Communication Breakdown Speculation

India Batting Coach Dismisses Kohli-Gambhir Communication Breakdown Speculation

Rediff.com17 Jul 2026

India batting coach Sitanshu Kotak has vehemently denied any communication breakdown between star batter Virat Kohli and head coach Gautam Gambhir, stating they speak frequently and dismissing reports of a rift as mere rumours. Kotak also elaborated on his coaching philosophy regarding advice for top players like Kohli.

Left AAP because...: Harbhajan Singh opens up on joining BJP

Left AAP because...: Harbhajan Singh opens up on joining BJP

Rediff.com1 days ago

Cricketer-turned-politician Harbhajan Singh revealed in a podcast interview that his decision to switch from the Aam Aadmi Party (AAP) to the Bharatiya Janata Party (BJP) stemmed from the AAP government's alleged neglect of his concerns regarding drug abuse and sports promotion in Punjab.

Milky Mist Dairy Food IPO to open on Aug 11, targets Rs 1,553 crore

Milky Mist Dairy Food IPO to open on Aug 11, targets Rs 1,553 crore

Rediff.com6 Aug 2026

Milky Mist Dairy Food Ltd has set the price band for its Rs 1,553 crore Initial Public Offering (IPO) at Rs 133-140 per share, with subscriptions opening on August 11 and closing on August 13.

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

Rediff.com25 Jul 2026

State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.

Gulf Crisis: How India Avoided Economic Turmoil

Gulf Crisis: How India Avoided Economic Turmoil

Rediff.com7 Jul 2026

Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Real Estate Developers Shelve IPO Plans as Housing Demand Cools, Investor Sentiment Muted

Rediff.com3 Aug 2026

Several Indian real estate companies, including BPTP Ltd and Smartworld Developers, are rethinking or shelving their initial public offering (IPO) plans, which were expected to raise around 15,000 crore, due to weaker housing demand, higher costs, and a more cautious investment climate.

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

E20 petrol safe, no engine failure reported, Gadkari tells Parliament

Rediff.com30 Jul 2026

The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.