Search results for ' Investment'

China vows to protect its firms after India, others ban DeepSeek

China vows to protect its firms after India, others ban DeepSeek

Rediff.com6 Feb 2025

China has defended its newly-released AI tool DeepSeek, after several countries, including India, imposed restrictions on government officials accessing it. Beijing claims actions against DeepSeek amount to "politicisation" of trade and tech issues and vowed to protect the interests of its companies. India's Finance Ministry directed officials to avoid using DeepSeek on office devices, citing confidentiality risks. The tool has garnered global attention for its low-cost model and efficient use of resources, surpassing ChatGPT in popularity on Apple's Appstore.

Fighting digital fraud: From KYC processes to advanced authentication

Fighting digital fraud: From KYC processes to advanced authentication

Rediff.com10 Feb 2025

In today's rapidly evolving digital payment landscape, security concerns remain a top priority for stakeholders across sectors.

Sunrisers Hyderabad acquire Northern Superchargers in Hundred

Sunrisers Hyderabad acquire Northern Superchargers in Hundred

Rediff.com6 Feb 2025

This is SRH's second overseas investment after owning the Sunrisers Eastern Cape in the SA20.

Gaganyaan, Samudrayaan, Chandrayaan-4 launch schedules are out

Gaganyaan, Samudrayaan, Chandrayaan-4 launch schedules are out

Rediff.com6 Feb 2025

Chandrayaan-4 will involve at least two separate launches of the heavylift LVM-3 rocket that will carry five different components of the mission which will be assembled in orbit.

Priyanka At Brother's Haldi Ceremony

Priyanka At Brother's Haldi Ceremony

Rediff.com6 Feb 2025

Priyanka Chopra is in shaadi-mode, as her younger brother Siddharth gets married to Neelam Upadhyaya in Mumbai.

'India's Growth Is In Serious Trouble'

'India's Growth Is In Serious Trouble'

Rediff.com13 Feb 2025

'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'

Domestic violence charges should be specific, can't drag whole family: SC

Domestic violence charges should be specific, can't drag whole family: SC

Rediff.com7 Feb 2025

The Supreme Court of India has ruled that family members of an accused in domestic violence cases cannot be implicated without specific charges. The court emphasized the need for sensitivity in handling such cases, noting that emotions run high in matrimonial disputes and there may be a tendency to indiscriminately implicate family members. The court stressed that criminalizing domestic disputes without specific allegations and credible evidence could have disastrous consequences for the institution of family.

Finance ministry bans ChatGPT, DeepSeek on office devices over data risk

Finance ministry bans ChatGPT, DeepSeek on office devices over data risk

Rediff.com5 Feb 2025

The Indian Finance Ministry has instructed its officials to refrain from using AI tools and apps like ChatGPT and DeepSeek on government devices, citing concerns over data confidentiality. This move comes amidst global discussions regarding the potential security risks associated with AI tools and follows similar actions by countries like Australia and Italy, which have restricted access to DeepSeek due to privacy concerns. The directive highlights the growing awareness of the potential security implications of AI technology in government environments.

Is It Wise To Get A Harvard MBA?

Is It Wise To Get A Harvard MBA?

Rediff.com17 Feb 2025

Divya Nair/Rediff.com speaks to students and experts to find out whether it is better to study management in India or try for an international MBA.

'Tariffs will hurt insurance, patients and everyone'

'Tariffs will hurt insurance, patients and everyone'

Rediff.com10 Feb 2025

After registering a net profit of Rs 25.1 crore in Q3FY25 and consolidated revenues growing by 7 per cent on a like-for-like basis, Siddharth Mittal, chief executive officer (CEO) and managing director, Biocon, told Sohini Das/Business Standard in a virtual interaction that local manufacturing in the US is a trade off between cost and qualifying to do business there.

'Budget Is Good From Inflation Perspective'

'Budget Is Good From Inflation Perspective'

Rediff.com11 Feb 2025

'The finance minister has done as much as she can when you look into the fiscal constraints she had.'

Investors protest as investment firm shuts offices in Mumbai

Investors protest as investment firm shuts offices in Mumbai

Rediff.com7 Jan 2025

Hundreds of investors protested in Navi Mumbai after finding the office of an investment firm locked amid allegations of a scam. Many investors claimed they had invested their life savings in the company's schemes which promised them substantial returns over a decade. Protests erupted when several investors found the company's offices in Dadar, Mumbai, and Bhayandar in Thane district locked. A showroom of the firm in Mira Bhayandar area was also found shut since morning. Navi Mumbai Police personnel reached the spot and dispersed the crowd.

'Trump Has Very Positive View Of Modi'

'Trump Has Very Positive View Of Modi'

Rediff.com17 Feb 2025

'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'

'Anyone who doesn't think India runs cricket world is deluded'

'Anyone who doesn't think India runs cricket world is deluded'

Rediff.com4 Feb 2025

Pietersen gives thumbs up to IPL owners' investment in English teams

Should Bumrah be rested from IPL?

Should Bumrah be rested from IPL?

Rediff.com4 Feb 2025

Pietersen hoped for "sporting wickets" for five-Test series between India and England.

Trent's net profit jumps 34% in Q3

Trent's net profit jumps 34% in Q3

Rediff.com6 Feb 2025

Tata group retail firm Trent Ltd reported a 34 percent increase in consolidated net profit to Rs 496.54 crore in the December quarter, helped by the expansion of the store network and increase in attractive value propositions. The company's consolidated revenue from operations grew 34.32 per cent to Rs 4,656.56 crore during the quarter under review. Trent is also pursuing store portfolio optimization, which involves upgrading or consolidating smaller footprint stores with newer stores in more attractive micro markets.

Mutual Funds Emerge As Financiers For M&A Deals

Mutual Funds Emerge As Financiers For M&A Deals

Rediff.com6 Feb 2025

'Growth for some companies has been hard to come by and this is a smart way to get there.'

Modi to visit France, US; meet Trump on Feb 12 amid deportation row

Modi to visit France, US; meet Trump on Feb 12 amid deportation row

Rediff.com8 Feb 2025

Prime Minister Narendra Modi will pay a two-day working visit to the US from February 12 during which he will meet President Donald Trump, the external affairs ministry announced. The visit will give further impetus and direction to India-US bilateral relationship. Prior to his US visit, Modi will be in France from February 10-12 to co-chair the AI Action Summit with French President Emmanuel Macron. He will also visit Cadarache, the site of the International Thermonuclear Experimental Reactor of which India is a partner. During his visit to France from February 10-12, Modi and Macron will also address the India-France CEOs forum. The prime minister and Macron will travel to Marseille where they will inaugurate the Consulate General of India. The leaders will also visit the war cemetery and pay tribute to the sacrifices made by Indian soldiers in World War 1. Modi and Macron will visit Cadarache, the site of the International Thermonuclear Experimental Reactor (ITER). There has been a very close rapport between Trump and Modi, dating back to the US leader's first term. There is a clear convergence of interests between the two countries in several areas, including trade, investment, technology, defense cooperation, counterterrorism, Indo-Pacific security, and people-to-people relations.

Markets settle lower after RBI policy; Sensex sheds 109 points

Markets settle lower after RBI policy; Sensex sheds 109 points

Rediff.com7 Feb 2025

State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.

WPL can do for women what IPL has for male cricketers: Mandhana

WPL can do for women what IPL has for male cricketers: Mandhana

Rediff.com3 Feb 2025

Mandhana had led RCB to the WPL triumph last year, the team's first title in franchise cricket.

Gold demand in India saw 5% rise at 802.8 tonnes in 2024

Gold demand in India saw 5% rise at 802.8 tonnes in 2024

Rediff.com5 Feb 2025

Gold demand in India witnessed a 5 per cent on-year rise at 802.8 tonnes in 2024 supported by reduction in import duty, and purchases related to weddings and festivals, and going ahead consumption of the yellow metal in 2025 is likely to be between 700-800 tonnes, according to the the World Gold Council. The World Gold Council (WGC) in a report on Wednesday said gold demand in the country in 2024 stood at 802.8 tonnes, as against 761 tonnes in 2023.

Most brokerages upbeat on Info Edge's outlook after strong Q3 results

Most brokerages upbeat on Info Edge's outlook after strong Q3 results

Rediff.com7 Feb 2025

Info Edge (India) topped expectations in its October-December quarter (Q3) results, posting strong revenue and profit growth. Its shares have rallied as much as 6.14 per cent in two days. The technology holding company's revenue rose 15.2 per cent year-on-year (Y-o-Y) to Rs 722.3 crore, driven by robust performance across its key verticals, particularly its recruitment business.

Consumption Funds: What You Must Know

Consumption Funds: What You Must Know

Rediff.com7 Feb 2025

Invest in these funds through the SIP route with at least a seven-year horizon.

India To Develop 50 Tourism Sites

India To Develop 50 Tourism Sites

Rediff.com3 Feb 2025

In a continued push to spiritual tourism, there will be a focus on destinations related to the life and times of Lord Buddha.

'High Probability Of Lowering Repo Rate'

'High Probability Of Lowering Repo Rate'

Rediff.com5 Feb 2025

'As the Budget has taken some measures to spur growth, similar action from the MPC may be expected.'

Modi, Macron fly together to Marseille, open new Indian consulate

Modi, Macron fly together to Marseille, open new Indian consulate

Rediff.com12 Feb 2025

Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.

Volkswagen moves HC over $1.4 bn tax notice

Volkswagen moves HC over $1.4 bn tax notice

Rediff.com3 Feb 2025

Skoda Auto Volkswagen India has filed a case against tax authorities over the Rs 11,000 crore (about USD 1.4 billion) show cause notice for alleged customs duty fraud related to the import of cars as completely knocked down units.

Budget 2025: Grassroot Level Implementation Is Necessary

Budget 2025: Grassroot Level Implementation Is Necessary

Rediff.com5 Feb 2025

Simplifying investment policies at the micro level and introducing a time-bound framework will be critical for India's growth targets, notes Krishna Ella.

Fiscal deficit for FY25 at 4.8% of GDP; 4.4% for FY26: FM

Fiscal deficit for FY25 at 4.8% of GDP; 4.4% for FY26: FM

Rediff.com1 Feb 2025

The fiscal deficit for FY25 has been pegged at 4.8 per cent of GDP and at 4.4 per cent for FY26, Finance Minister Nirmala Sitharaman said on Saturday. Presenting the Budget 2025-26, she said net market borrowings are estimated at Rs 11.54 lakh crore for next fiscal year.

Must Read: Advice For SIP Investors

Must Read: Advice For SIP Investors

Rediff.com11 Feb 2025

'Regardless of whether you invest Rs 100 or Rs 1 crore per month, risk is inevitable.' 'Positive returns at the end of the year can never be guaranteed.' 'This is a fundamental truth every SIP investor must grasp.'

'Trump Doesn't Want To Wait For Benefits Of A Long-Term Partnership'

'Trump Doesn't Want To Wait For Benefits Of A Long-Term Partnership'

Rediff.com15 Feb 2025

'He needs to see results while he is in office.'

Why Microsoft plans to invest $3 bn in India

Why Microsoft plans to invest $3 bn in India

Rediff.com7 Jan 2025

IT major Microsoft will invest $3 billion in India for the expansion of cloud and AI infrastructure in the country, the company's chairman and CEO Satya Nadella said on Tuesday. There is a fantastic momentum in India where people are pushing for a multi-agent kind of deployment.

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Budget 2025: More Jobs Via Thriving Farms and MSME Growth

Rediff.com4 Feb 2025

The most striking features of this Budget was its focus on simplification and improving the ease of doing business in India, asserts Kaku Nakhate.

OpenAI CEO Sam Altman calls India a potential AI leader

OpenAI CEO Sam Altman calls India a potential AI leader

Rediff.com5 Feb 2025

Two years after his dismissive stance on India's AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country -- and billed India as an important market not just for the new-age technology itself but for the ChatGPT creator as well. In New Delhi on Wednesday, Altman -- while sharing dais with Union IT minister Ashwini Vaishnaw -- said India is the second biggest market for the company and that Open AI had tripled its users here in the last year.

'PSB is exploring digital lending solutions'

'PSB is exploring digital lending solutions'

Rediff.com5 Feb 2025

'We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.'

Govt fixes capex at Rs 11.21 lakh cr for FY26

Govt fixes capex at Rs 11.21 lakh cr for FY26

Rediff.com2 Feb 2025

Having missed the target for the current financial year, Finance Minister Nirmala Sitharaman on Saturday proposed to spend Rs 11.21 lakh crore towards capital expenditure (capex) for FY26. However, the capex target is going to be missed by about 93,000 crore for the current financial year.

Updated ITR: What You Must Know

Updated ITR: What You Must Know

Rediff.com5 Feb 2025

'Once filed, it cannot be revised or rectified.'

No income tax up to Rs 12 lakh under new regime

No income tax up to Rs 12 lakh under new regime

Rediff.com1 Feb 2025

Individuals earning up to Rs 12 lakh annually will not have to pay any income tax under the new tax regime as Finance Minister Nirmala Sitharaman on Saturday gave relief to middle class by raising exemption limit and rejigging slabs. For salaried employees, this nil tax limit will be Rs 12.75 lakh per annum, after taking into account a standard deduction of Rs 75,000.

India's pace of debt reduction leaves room for downside risk

India's pace of debt reduction leaves room for downside risk

Rediff.com3 Feb 2025

Fitch Ratings on Monday said India's pace of debt reduction is gradual, leaving room for a downside risk to sovereign rating in the eventuality of a significant economic shock. However, the rating agency expressed confidence in India's ability to stick to its medium-term fiscal framework, which aims to reduce debt and bring it on a downward trajectory over time.

Railways gets Rs 2.52 lakh crore, 200 Vande Bharat trains approved

Railways gets Rs 2.52 lakh crore, 200 Vande Bharat trains approved

Rediff.com1 Feb 2025

Union Minister Ashwini Vaishnaw on Saturday said the Budget 2025-26 maintained the government's continuous push to improve Railways by allocating Rs 2.52 lakh crore to it and approving projects such as manufacturing 17,500 general coaches, 200 Vande Bharat and 100 Amrit Bharat trains, among others.