Surajeet Das Gupta &Amp; Sanjeeb Mukherjee

Stories by Surajeet Das Gupta &Amp; Sanjeeb Mukherjee

Last Call for Visa-Free Thailand

Last Call for Visa-Free Thailand

Rediff.com   27 Aug 2024

The new visa-free regime allows travellers to stay for up to 60 days instead of only 15 earlier.

Indians Now Boarding For Central Asia

Indians Now Boarding For Central Asia

Rediff.com   23 Aug 2024

Just over a three-hour flight from Delhi, Kazakhstan, Uzbekistan, Azerbaijan and Georgia have seen a big jump in visitors.

Large deals power paradigm shift in India's venture capital terrain

Large deals power paradigm shift in India's venture capital terrain

Rediff.com   23 Aug 2024

India's venture capital (VC) landscape saw a strategic shift during the first half (H1) of the calendar year (CY) 2024, with a notable increase in larger-sized investments. This was evident from a 45.3 per cent rise in disclosed funding value year-on-year, despite a 2.1 per cent drop in deal volume, according to GlobalData, a data analytics and consulting company.

Action Packed Time For Two-Wheelers!

Action Packed Time For Two-Wheelers!

Rediff.com   19 Aug 2024

The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...

Rs 1.82 trn GST from cell phones 5x what PLI allocated

Rs 1.82 trn GST from cell phones 5x what PLI allocated

Rediff.com   16 Aug 2024

Goods and services tax (GST) collections from mobile device companies, amounting to Rs 1.82 trillion between 2020-21 (FY21) and 2023-24 (FY24), have already generated more than five times the revenue for the government compared to the Rs 34,149 crore allocated under the production-linked incentive (PLI) scheme for mobile devices over six years ending 2025-26 (FY26). Currently, the GST on mobile devices stands at 18 per cent.

Textile industry joins hands with ILO

Textile industry joins hands with ILO

Rediff.com   15 Aug 2024

With cotton still figuring in the list of commodities that are produced using practices such as child labour, the Confederation of Indian Textile Industry (CITI) has entered into an understanding with the International Labour Organisation (ILO) to create awareness, share technical know-how and knowledge about better labour standards. These standards, which are part of ILO Fundamental Principles and Rights to Work (FPRW), will be tried on a pilot basis in major cotton-growing districts of Madhya Pradesh for one year starting in 2024.

Ather's $450 mn IPO the next big spark in electric revolution

Ather's $450 mn IPO the next big spark in electric revolution

Rediff.com   15 Aug 2024

Bengaluru-headquartered electric two-wheeler manufacturer Ather Energy is all set to file its draft red herring prospectus within the second week of September to the Securities Exchange Board of India (Sebi) for its maiden initial public offering (IPO), in which it is expected to raise over $450 million. On Tuesday, the fourth-largest electric two-wheeler maker in the country by volume raised Rs 600 crore from its existing investor, the National Investment and Infrastructure Fund (NIIF), catapulting itself into a unicorn with a valuation of $1.3 billion.

What Modi May Say In I-Day Address

What Modi May Say In I-Day Address

Rediff.com   14 Aug 2024

'Given our turbulent neighbourhood, the prime minister is likely to emphasise on democratic dividend as the reason behind India's continuous prosperity.'

Imports of pulses may dip in FY25 on good monsoon

Imports of pulses may dip in FY25 on good monsoon

Rediff.com   12 Aug 2024

After climbing to the highest level in more than five years to 4.7 million tonnes in FY24, India might import fewer quantities of pulses this financial year at 4-4.5 mt on the back of good monsoon and higher domestic production, Bimal Kothari, chairman of India Pulses and Grains Association (IPGA), said in New Delhi on Friday. Kothari was addressing reporters on the sidelines of a seminar on pulses titled "Bharat Dalhan-2024".

Hunger in India came down to 13.7% during 2021-23: UN-FAO report

Hunger in India came down to 13.7% during 2021-23: UN-FAO report

Rediff.com   1 Aug 2024

In what could come as a piece of good news, hunger in India - as measured by the Prevalence of Undernourishment (PoU) by the United Nation's Food and Agriculture Organisation (FAO) - has come down from 16.6 per cent of the population in the 2020-2022 to 13.7 per cent in 2021-23, the latest report on the State of Food Security and Nutrition in the World (SOFI 2024) showed. This means that around 39.3 million people have come out of undernourishment between the two periods, NITI Aayog member Ramesh Chand said on Tuesday.

Qualcomm launches India-made chip to compete with MediaTek in 5G market

Qualcomm launches India-made chip to compete with MediaTek in 5G market

Rediff.com   31 Jul 2024

Qualcomm launched its new affordable, India-designed chipset, the Snapdragon 4s Gen 2, on Tuesday. This chipset will enable mobile device makers to sell 5G smartphones operating on a standalone (SA) network for Rs 8,300 or less.

'You Can't Solely Rely On Electric Cars'

'You Can't Solely Rely On Electric Cars'

Rediff.com   22 Jul 2024

'At present, hybrids emit lesser carbon despite using fuel than pure play electric cars.' 'That is because EVs have to be charged and 76 per cent of the country's electricity is still coal-based and not renewables.'

BJP States Go All Out With Populist Schemes

BJP States Go All Out With Populist Schemes

Rediff.com   20 Jul 2024

Several BJP-backed state governments have unveiled schemes targeting the poor, women, farmers and students, following the party's setback in the Lok Sabha polls.

Budget: Nirmalaji's Huge Rural Sector Challenge

Budget: Nirmalaji's Huge Rural Sector Challenge

Rediff.com   20 Jul 2024

Alloting more funds for MNREGA and PM-KISAN could wipe out the entire additional money that the Centre may have for FY25.

Why Are Milk Prices On The Boil?

Why Are Milk Prices On The Boil?

Rediff.com   19 Jul 2024

Milk supplies could improve with the monsoon, provided the rains are not excessive.

Non-basmati rice bore the brunt of export curbs imposed in 2023

Non-basmati rice bore the brunt of export curbs imposed in 2023

Rediff.com   18 Jul 2024

As a panel of senior ministers deliberates on the need to review curbs on exports of some rice varieties, data shows that since outbound shipments saw restrictions in July-August last year, the non-basmati segment has suffered more than basmati exports. Sources said the panel is expected to soon deliberate on a few suggestions to ease the export curbs on some rice varieties due to higher-than-required stocks in the central pool. The panel, some observers feel, may also postpone the decision to ease the export curbs till a firm picture emerges on the latest kharif paddy sowing.

Want A Job In The Movies? Click Here!

Want A Job In The Movies? Click Here!

Rediff.com   18 Jul 2024

The ministry of information and broadcasting is working on a proposal to set up a mega movie production studio -- akin to those in Hollywood -- with an investment of Rs 10,000 crore (Rs 100 billion), which will be supported by the government.

Apple Sales In India Up to 67,000 Cr

Apple Sales In India Up to 67,000 Cr

Rediff.com   16 Jul 2024

Despite the robust growth in this country, Apple's India share in its overall global sales remained modest -- constituting 1.5 per cent of its overall turnover of $389 billion in FY23.

How to make India an electronic & semiconductor products nation

How to make India an electronic & semiconductor products nation

Rediff.com   11 Jul 2024

A task force set up by the Ministry of Electronics and Information Technology (Meity) for transforming India into an "electronic and semiconductor products" nation is on the verge of finalising its report, which is likely to recommend an allocation of Rs 44,000 crore between 2024 and 2030 to support homegrown companies in their quest to develop products and build global brands. The task force's recommendations include significant incentives: Rs 15,000 crore dedicated to electronic products (systems), Rs 11,000 crore for semiconductor products, and Rs 18,000 crore for various other incentives such as talent development, common infrastructure, logistics, and technology & IP (intellectual property) acquisition, a member of the panel revealed.

CRED's Kunal Shah Is Top Startup Founder-Investor

CRED's Kunal Shah Is Top Startup Founder-Investor

Rediff.com   3 Jul 2024

Kunal Shah has funded over 266 startups including Razorpay, Snapdeal, Zetwork, BlueSmart, Unacademy, Bliss Club, and Spinny, amongst others.