News for 'state revenue loss'

How Air India Is Using AI To Transform Operations

How Air India Is Using AI To Transform Operations

Rediff.com26 Apr 2026

Air India is significantly embracing artificial intelligence to enhance operational efficiency, improve customer services, increase revenues, and reduce costs as part of its ambitious transformation plan under the Tata Group.

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Enforcement Directorate Attaches Assets in Andhra Pradesh Liquor Scam Case

Rediff.com6 Mar 2026

The Enforcement Directorate has attached assets worth over 441 crore in connection with the Andhra Pradesh liquor scam, which allegedly occurred during the previous YSRCP government's tenure.

MP Official Uses Authority to Recover Stolen Slippers

MP Official Uses Authority to Recover Stolen Slippers

Rediff.com3 Mar 2026

A revenue department official in Madhya Pradesh used his authority to track down and seek legal action against a man who allegedly stole his slippers from a temple.

Govt cuts excise duty on petrol to Rs 3 per litre, exempts diesel

Govt cuts excise duty on petrol to Rs 3 per litre, exempts diesel

Rediff.com27 Mar 2026

The Indian government has reduced excise duty on petrol and diesel to mitigate the impact of rising global crude prices, triggered by geopolitical tensions in the Middle East. This move aims to provide relief to consumers and oil companies amidst volatile international oil markets.

Jefferies Predicts Strong Growth for Paytm, Retains 'Buy' Rating

Jefferies Predicts Strong Growth for Paytm, Retains 'Buy' Rating

Rediff.com23 Mar 2026

Brokerage firm Jefferies maintains a 'Buy' rating for Paytm, citing its dominant merchant payments platform and projected revenue growth.

Why Cricket Australia is Sticking with Local Curators for Test Pitches

Why Cricket Australia is Sticking with Local Curators for Test Pitches

Rediff.com23 Mar 2026

Cricket Australia has decided against centralising control over Test pitch preparation, maintaining that local curators are best suited to create unique and high-quality surfaces, despite criticism following the Ashes series.

At 89, My Father Chose Ayodhya, Varanasi, Sikkim

At 89, My Father Chose Ayodhya, Varanasi, Sikkim

Rediff.com3 Jun 2026

Sacred spots and soaring peaks: Bucket-listing across the heartland. Roopa Unnikrishnan and her father journey through the heart of India.

Ashes: MCG curator in 'state of shock' over pitch

Ashes: MCG curator in 'state of shock' over pitch

Rediff.com28 Dec 2025

Cricket Australia were left millions of dollars out of pocket, having to refund tickets for a confirmed sell-out crowd on day three at the 100,000-seat stadium and for another large crowd for day four.

Govt plans to levy excise duty on tobacco, cess on pan masala

Govt plans to levy excise duty on tobacco, cess on pan masala

Rediff.com1 Dec 2025

Finance Minister Nirmala Sitharaman on Monday introduced two bills in the Lok Sabha to levy excise duty on tobacco and tobacco products, and a new cess on manufacturing of pan masala, which will replace the GST compensation cess on such sin goods.

Delhi Murder Case: Accused Displayed Psychopathic Tendencies, Say Police

Delhi Murder Case: Accused Displayed Psychopathic Tendencies, Say Police

Rediff.com24 Apr 2026

Investigations into the murder of an IRS officer's daughter in Delhi reveal the accused, Rahul Meena, had a history of aggressive behaviour and psychopathic tendencies. Police are conducting a psychological analysis to understand his motives.

T20 World Cup rocked! Pakistan to boycott India clash

T20 World Cup rocked! Pakistan to boycott India clash

Rediff.com2 Feb 2026

Pakistan on Sunday announced a boycott of its high-profile men's T20 World Cup group league match against India, a move that is likely to have repercussions, even as the government cleared the national team's participation in the rest of the global event, starting February 7.

Vedanta net profit plunges 59% on exceptional losses

Vedanta net profit plunges 59% on exceptional losses

Rediff.com1 Nov 2025

Mining major Vedanta's consolidated net profit plunged 58.69 per cent year-on-year (Y-o-Y) to Rs 1,798 crore in the second quarter of 2025-26 (Q2FY26), dragged down by exceptional losses booked during the period under review. The company had reported a net exceptional gain of Rs 1,160 crore in Q2FY25.

Delhi Murder Case: Accused Known For Aggression, Online Gaming Addiction

Delhi Murder Case: Accused Known For Aggression, Online Gaming Addiction

Rediff.com24 Apr 2026

Investigations into the murder of an IRS officer's daughter in Delhi reveal the accused, Rahul Meena, had a history of aggressive behaviour and was addicted to online gaming, leading to significant debt. Police are conducting a psychological analysis to understand his mental state and motives, while his family claims he was a quiet person.

Delhi rape-murder accused to undergo psychological assessment

Delhi rape-murder accused to undergo psychological assessment

Rediff.com24 Apr 2026

Investigations into the murder of an IRS officer's daughter in Delhi reveal the accused, Rahul Meena, had a history of aggressive behaviour and psychopathic tendencies. He was also addicted to online betting and had lost a significant amount of money.

Friday the 13th caps a week of AI-sparked horror in IT stocks

Friday the 13th caps a week of AI-sparked horror in IT stocks

Rediff.com14 Feb 2026

The selloff in domestic information technology stocks intensified on Friday, with the Nifty IT index sliding as much as 5.2 per cent during the session before paring losses to close 1.44 per cent lower.

Software piracy: Rs 33,800 cr revenue loss

Software piracy: Rs 33,800 cr revenue loss

Rediff.com4 Dec 2002

According to Nasscom estimates, Rs 900 crore in revenue was lost in 1999-2000, Rs 1200 crore in 2000-01 and Rs 1700 crore.

Delhi IRS officer's daughter raped, murdered by ex-domestic help

Delhi IRS officer's daughter raped, murdered by ex-domestic help

Rediff.com23 Apr 2026

The 22-year-old daughter of an IRS officer was allegedly raped and murdered at her Delhi residence. Police suspect a former domestic help, who is currently absconding.

Will The Economy Face A Bumpy Road Ahead?

Will The Economy Face A Bumpy Road Ahead?

Rediff.com6 Jan 2026

Real GDP growth surprised on the upside in 2025, but weaker nominal growth, trade uncertainty, and soft demand signal a bumpier road ahead.

Will Iran Be Browbeaten By Trump's Threats?

Will Iran Be Browbeaten By Trump's Threats?

Rediff.com7 Apr 2026

Far from it; the country's resistance to the US, its nuclear ambitions, and its pursuit of influence and proxies across the Middle East are driven by a constant search for independence and security. Thus, Iran will never capitulate. Trump will learn this home truth ultimately, and it is going to be a humbling personal experience that may even destroy his presidency, predicts Ambassador M K Bhadrakumar.

Phase out universal subsidies: ADB-PwC study to 16th FC

Phase out universal subsidies: ADB-PwC study to 16th FC

Rediff.com16 Feb 2026

Governments should move away from universal subsidies towards tightly targeted transfers, backed by stricter eligibility norms, sunset clauses and periodic audits to curb leakages and improve spending efficiency, a joint study by Asian Development Bank and PwC has recommended.

WeWork India eyes 20% revenue growth, IPO on October 3

WeWork India eyes 20% revenue growth, IPO on October 3

Rediff.com30 Sep 2025

Co-working spaces provider WeWork India is aiming for a revenue growth of over 20 per cent for the coming years, even as its initial public offering (IPO) with only an offer for sale (OFS) component gets valued at Rs 3,000 crore at the top of the price band. The IPO opens on October 3, a newspaper advertisement said.

Ajit Pawar's death: Have lost a dear elder friend and guide, says Fadnavis

Ajit Pawar's death: Have lost a dear elder friend and guide, says Fadnavis

Rediff.com28 Jan 2026

Maharashtra Chief Minister Devendra Fadnavis expressed grief over the death of Deputy CM Ajit Pawar in a plane crash, declaring a government holiday and state mourning. Other state leaders also mourned Pawar's passing, highlighting his contributions to Maharashtra's development and politics.

GST 2.0 Needs Deeper Reforms

GST 2.0 Needs Deeper Reforms

Rediff.com22 Sep 2025

Since items in the 12% category account for only about 5% of total GST, the additional boost to consumption may not be significant, points out M Govinda Rao.

Stock markets end higher on rally in Infosys shares

Stock markets end higher on rally in Infosys shares

Rediff.com16 Jan 2026

Tech Mahindra, HCL Tech, State Bank of India, UltraTech Cement and HDFC Bank were also among the gainers. In contrast, Eternal, Asian Paints, Bharat Electronics, Sun Pharma and Maruti were among the laggards.

App cab, auto drivers hold 1-day strike over fare policy, bike taxis

App cab, auto drivers hold 1-day strike over fare policy, bike taxis

Rediff.com8 Feb 2026

The union alleges financial hardship due to the state government's authorization of panic button device providers.

As new GST rates kick in, groceries, medicines, cars get cheaper

As new GST rates kick in, groceries, medicines, cars get cheaper

Rediff.com22 Sep 2025

New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds. Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.

Mobile cos see 7-8% revenue loss due to curb on SMSes

Mobile cos see 7-8% revenue loss due to curb on SMSes

Rediff.com21 Aug 2012

The government had banned bulk SMSes and MMSes for 15 days across the country from August 18.

Govt likely to soon compensate oil firms for LPG losses

Govt likely to soon compensate oil firms for LPG losses

Rediff.com10 Jul 2025

The government is likely to give a subsidy of Rs 30,000-35,000 crore to state-run oil companies - Indian Oil Corporation (IOC), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) - to compensate for losses incurred from selling LPG at below cost over the past 15 months, according to a senior official.

The US Rescue That Raises More Questions Than It Answers

The US Rescue That Raises More Questions Than It Answers

Rediff.com6 Apr 2026

The 'rescue' operation occurred within kilometres of Iran's underground tunnel complex at Isfahan, assessed by the IAEA and US intelligence as holding a substantial portion of the country's 60 per cent enriched uranium stockpile. Retired senior US military officers have highlighted that the mission's footprint -- hundreds of special operators, multiple heavy-lift aircraft deep inside Iran -- appears outsized for recovering a single airman. Prem Panicker continues his must read blog on the Iran War.

GoM nods govt's proposal of two-slab GST of 5, 18%

GoM nods govt's proposal of two-slab GST of 5, 18%

Rediff.com21 Aug 2025

The GoM of state ministers on GST rate rationalisation on Thursday accepted the Centre's proposal to move to a two-slab structure of 5 and 18 per cent. Bihar Deputy Chief Minister and convenor of rate rationalisation GoM Samrat Choudhary said the six-member state ministerial panel has also accepted the proposal of removing the 12 and 28 per cent slabs.

New labour Codes raise operating expenses of pvt banks, insurers

New labour Codes raise operating expenses of pvt banks, insurers

Rediff.com26 Jan 2026

The new labour Codes, notified by the central government in November 2025, have pushed up employee costs for private-sector banks and insurance companies, with these firms reporting higher operating expenses in the October-December quarter (Q3FY26) due to the statutory impact of the new labour Codes.

GST and income tax cuts to spark sustained growth

GST and income tax cuts to spark sustained growth

Rediff.com4 Sep 2025

GST Reform 2.0, which trims tax slabs from four to two, signals a push for demand-led growth, and together with recent income tax cuts, sets the stage for sustained economic growth, experts said. The Goods and Services Tax (GST) Council on September 3 approved an overhaul of the indirect tax regime by taxing essentials at 5 per cent and other goods at 18 per cent. A new 40 per cent tax will be applicable on luxury and sin items.

Centre races to rescue failing power discoms

Centre races to rescue failing power discoms

Rediff.com24 Nov 2025

After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.

India Is In The Doghouse At The Moment

India Is In The Doghouse At The Moment

Rediff.com20 Mar 2026

There is record underperformance and under-ownership. Some of this is cyclical and will turn on its own. However, we also need to regain our growth credentials. For this, both the government and companies have a role to play, as do investors, points out Akash Prakash.

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Rediff.com25 Feb 2026

Shares of Waaree Energies and Premier Energies are under pressure after the US imposed initial duties on Indian solar imports. The article examines the impact on green energy stocks and market sentiment.

GST revamp to see rates of 5%, 18%; 40% tax on 7 items

GST revamp to see rates of 5%, 18%; 40% tax on 7 items

Rediff.com15 Aug 2025

The central government has proposed just two tax rates of 5 per cent and 18 per cent in the revamped Goods and Services Tax (GST), slated to replace the current indirect tax regime by Diwali this year, highly placed sources said.

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Rediff.com25 Feb 2025

The report on the alleged liquor scam, a hot button issue in the run-up to the elections, claimed a loss of revenue to the tune of Rs 941.53 crore, saying timely permissions were not taken for opening the liquor vends in non-conforming municipal wards.

Will Trump Send Troops To Iran By The Weekend?

Will Trump Send Troops To Iran By The Weekend?

Rediff.com26 Mar 2026

Taking Kharg would give the US control over virtually all of Iran's oil exports and thus provide significant leverage, notes Prem Panicker in his must read daily blog on the Gulf War. It would also put American troops within range of Iran's remaining missiles, drones, and artillery on a piece of real estate that is just eight square miles in size, and just 15 miles from the Iranian mainland.

Solve US Tariff Issue Soon, Stalin Requests Modi

Solve US Tariff Issue Soon, Stalin Requests Modi

Rediff.com19 Dec 2025

'This has translated into a combined daily loss of 60 crore in revenues for exporters in Tiruppur, Coimbatore, Erode and Karur districts, pushing many small and medium enterprises to the brink of collapse.'

Strong demand drivers likely to cushion TaMo

Strong demand drivers likely to cushion TaMo

Rediff.com31 Jan 2026

A pickup in freight rates, rising fleet utilisation and a long-awaited replacement cycle are breathing fresh life into India's commercial vehicle (CV) market, strengthening the investment case for Tata Motors' CV arm (TMCV). Despite a broadly steady December quarter (Q3) performance, brokerages remain divided on whether the upswing is strong enough to offset margin pressures.