Prime Minister Narendra Modi on Friday said production linked incentive (PLI) scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by $520 billion in the next five years. Addressing a webinar on PLI scheme, organised by Department of Industry and International Trade (DPIIT) and NITI Aayog, through video conference, Modi said the government is continuously carrying out reforms to boost domestic manufacturing. In this year's Budget, about Rs 2 lakh crore was earmarked for the PLI scheme for the next five years and "there is an expectation that the scheme would result in increasing the production by about $520 billion in the next five years", he said. He added that there is also an expectation that the current workforce in the sectors, which will avail the benefits of the PLI scheme, will be doubled and job creation will also increase.
Volkswagen's new SUV is set to lock horns with half a dozen rivals, says Pavan Lall.
Single Indians will continue to meet prospects over video calls even in a post coronavirus world, predicts Saurabh Goswami, founder-director, Ultra Rich Match, an online matchmaking company.
A rejuvenated India shorn of Virat Kohli turned the tables on Australia to claim the second Test in Melbourne with a rousing eight-wicket victory within four days and breathe life into the series.
Why omit the Tiananmen massacre from the history of China's Communist party, asks Claude Arpi.
'Coaching centres across the world will make everyone watch this game, the quality of the match was top-notch'
Puerto Rico's Jasmine Camacho-Quinn capped a dazzling performance in the 100 metres hurdles at the Tokyo Olympics with a gold medal while Miltiadis Tentoglou of Greece won the men's long jump title in an action packed Monday morning at the Olympic Stadium
Matondkar has been given the ticket after Mumbai Congress chief Milind Deora on Thursday said that the city unit of the party had requested the high command to give a Lok Sabha ticket to the actor.
After China imposed a national security law on Hong Kong earlier this month, the United States on July 14 withdrew the special status granted to Hong Kong, and the United Kingdom, Australia, and Canada followed suit.
The answer would have been an unequivocal yes had the A4 been priced more aggressively, says Pavan Lall.
G V L Rao, part of Save India Democracy which exposed the frauds being committed through EVMs, told rediff.com that the bigger issue was that the government dragged its feet on sanctioning funds for the introduction of VVPAT despite the Supreme Court passing its order a year ago.
IMAGES from the Euro 2020 round of 16 match played between England and Germany at Wembley on Tuesday.
The highlight of the occasion, according to officials, is an address to a special gathering in the morning by President Xi Jinping, who cast himself in the mould of Mao Zedong, the founder of the Communist Party of China as it is officially called.
'If India and China come together, 40 per cent of the world's people are going to be prosperous'
With the return of Smith and Warner, and the presence of the solid Labuschagne, the Australian captain reckons 'we'll be a different kettle of fish'.
Illustrious international thinkers met at the Milken Institute Global Conference 2021 and many discussions addressed the impact of the COVID-19 pandemic on the world at large.
The criteria for allowing companies to avail of this provision will include profitability, networth, paid-up capital, and turnover.
India's Sahana Kumari got knocked out of the women's high jump at the Olympic Games after clearing 1.80m and finishing at joint 15th in the Group B of the qualifying competition on Thursday.
Investor wealth zoomed over Rs 10.48 lakh crore in two days as the Budget-driven market euphoria continued to charge bulls on Tuesday.
The Indian National Football Team achieved its best-ever FIFA Ranking since February 1996 as they were ranked 96 in the July FIFA Rankings released on Thursday.
'As long as we have such partners, Russia cannot be isolated.'
Here's what could be ahead for India: A $10-trillion economy by 2030-32, a Sensex at 1,00,000 by 2025, monthly GST revenues at Rs 2 trillion by 2024-25, 100 new unicorns by 2025, and poverty below 5 per cent by 2030, predicts R Jagannathan.
'I was so nervous and embarrassed that I hid behind a pillar, just watching my son quietly.' 'I could see him very quiet, not communicating with anybody.'' 'I thought he was not interested. But when he gave his first shot, he was perfect!'
Its trajectory in telecom is well known but now it is pushing for a similar leap into the ranks of the top players in its other businesses: media and entertainment, e-commerce, a series of online businesses ranging from health to education, and retail.
After many failed attempts over the past decade, Bhendi Bazaar, one of the most underdeveloped and busiest business-cum-residential districts in Mumbai city, is taking a big leap into the future in what's said to be the nation's largest cluster redevelopment project. The 125-year-old neighbourhood spanning 16.5-acres, not very far from the iconic Chhatrapati Shivaji Terminus, is already home to two newly-developed towers of 36 and 41-floors which have opened up a new world of modern living for the families there. Around 610 of the over 3,200 families and 128 of the over 1,250 businesses have moved into the new buildings -- all for free.
Titan expects sales of premium-priced watch sales to grow by leaps and bounds in the future on the back of a growing disposable income among working professionals and income categories, says Pavan Lall.
'2016 was the age of convenience for Hindi movies; of down pat effrontery and planned feeling triumphing over attempts to discern something complexly beautiful,' says Sreehari Nair.
Kings XI run into a RCB squad which has grown in confidence by leaps and bounds since their last meeting.
'Many people prophesied that marrying so early would be disastrous for my career, but all I knew was that I did not want to waste another day without her.'
Variety is the spice of life and the greatest USP of OTT platforms. Sukanya Verma points out all the wonderful stuff to choose from this week's mix.
Home favourite Su Yiming of China made his Olympic debut on Sunday and received a standing ovation in return.
Saif and Rani will reunite after 11 years.
The 1.3-kilometre-long bridge aims to boost connectivity to the Kashmir Valley and it is being constructed at a cost of Rs 1,486 crore as part of the Udhampur-Srinagar-Baramulla Railway Link project
Over a hundred horses jumped through bonfires in a purification ceremony last week during the Spanish festival of "Las Luminarias" in a village northwest of Madrid. The traditional night time celebration takes place in San Bartolome de Pinares every January 16, the eve of Saint Anthony's Day, Spain's patron saint of animals. Take a look at this fiery fest.
The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!
Virat Kohli remained on top while teammate Chesteshwar Pujara managed to hold on to his third position i
'The projects that the government started to bring within Goa were totally anti-Goa and anti-people.' 'Can anyone describe a project as development when it is going to cause wanton destruction of people's houses, their surroundings and livelihoods and destruction of forests?'
With the Jaypee acquisition, the Suraksha group, which made lenders an offer of Rs 7,736 crore, will be able to expand its footprint in north India after making inroads in Mumbai's real estate market over the past year. Sudhir Valia, the promoter, was a co-founder and executive director of India's biggest pharmaceutical firm, Sun Pharmaceuticals, and is a close relative of Dilip Shanghvi.
With his eye on next year's Party Congress, Xi Jinping is using the CCP's centenary celebrations to publicise the benefits for China from its leadership, and boost his image and contribution to China's rise, observes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
