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'Economy Is Not Creating Enough Jobs'

'Economy Is Not Creating Enough Jobs'

Rediff.com1 days ago

'The policy focus of the government should have been on creating more good quality jobs but that was not their focus.'

Why Foreign Financial Firms Quit India

Why Foreign Financial Firms Quit India

Rediff.com4 days ago

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.

Reliance, JSW in fray for 10 Gwh ACC Battery PLI

Reliance, JSW in fray for 10 Gwh ACC Battery PLI

Rediff.com24 Apr 2024

The Ministry of Heavy Industries announced on Tuesday that it has received bids from seven players for the re-bidding tender of the 10 gigawatt-hour (Gwh) tranche of the Advanced Chemistry Cell (ACC) manufacturing production-linked incentive (PLI). "The list of bidders (in alphabetical order) who have submitted bids in response to this tender are ACME Cleantech Solutions, Amara Raja Advanced Cell Technologies, Anvi Power Industries, JSW Neo Energy, Reliance Industries, Lucas TVS, and Waaree Energies for a cumulative capacity of 70 Gwh," the ministry said in a statement. After the re-auctioning for the manufacturing unit was announced in January, the pre-bid meeting was held on February 12, the ministry said.

Vistara hits air pocket; to cut 25-30 flights daily

Vistara hits air pocket; to cut 25-30 flights daily

Rediff.com7 Apr 2024

Facing disruptions due to non-availability of crew, Vistara on Sunday announced reducing 10 per cent of its capacity or 25-30 flights daily and most of the cancellations are in the domestic network as the Tata Group airline strives to stabilise operations. The full-service carrier is to operate over 300 flights daily in the ongoing summer schedule and witnessed significant disruptions earlier this week as many pilots reported sick, resulting in cancellations of flights. "We are carefully scaling back our operations by around 25-30 flights per day, i.e. roughly 10 per cent of the capacity we were operating.

15 Vistara pilots quit, over 50 flights cancelled; Govt, DGCA step in

15 Vistara pilots quit, over 50 flights cancelled; Govt, DGCA step in

Rediff.com2 Apr 2024

Aviation watchdog Directorate General of Civil Aviation (DGCA) has asked Vistara to submit a daily report on flight cancellations and delays as the Tata group airline cancelled more than 50 flights for the second straight day on Tuesday amid non-availability of pilots.

'Radical Islamists' behind Moscow attack, admits Putin

'Radical Islamists' behind Moscow attack, admits Putin

Rediff.com26 Mar 2024

However, he suggested that Ukraine was also somehow involved.

Can Russia Make the Olympics? It's Up to This Panel

Can Russia Make the Olympics? It's Up to This Panel

Rediff.com22 Mar 2024

How will Russian athletes be cleared to compete at Paris 2024?

40-year-old fintech gurus need 60-year-olds to handhold them

40-year-old fintech gurus need 60-year-olds to handhold them

Rediff.com19 Mar 2024

The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.

A 10-Point Wishlist For Modi's Third Term

A 10-Point Wishlist For Modi's Third Term

Rediff.com14 Mar 2024

If Modi wants to leave a real legacy, breaking India's strategic triangulation would be the real gift, notes Shekhar Gupta.

At 39, Modi Knew Ayodhya's Value For The BJP's Future

At 39, Modi Knew Ayodhya's Value For The BJP's Future

Rediff.com12 Mar 2024

Gujarat was labelled Hindutva's crucible and Modi was to become the chief 'chemist'. A revealing political saga excerpted from Nilanjan Mukhopadhyay's The Demolition, the Verdict and the Temple: The Definitive Book on the Ram Mandir Project.

Can Modi Achieve 'DMK mukt' Tamil Nadu?

Can Modi Achieve 'DMK mukt' Tamil Nadu?

Rediff.com6 Mar 2024

'If he has not achieved 'Congress mukt Bharat' even now, the question of his creating a 'DMK mukt Tamil Nadu' does not arise,' points out N Sathiya Moorthy.

Guess Their Ages Folks!

Guess Their Ages Folks!

Rediff.com1 Mar 2024

We all know that Prime Minister Narendra Modi will turn 74 on September 17, but do you know how old these leaders are?

Martin Scorsese Has An Announcement

Martin Scorsese Has An Announcement

Rediff.com22 Feb 2024

Martin Scorsese, 'the reigning king of cinema', gets an honorary Golden Bear at the 74th Berlinale.

Why South India Is Unhappy With Modi

Why South India Is Unhappy With Modi

Rediff.com20 Feb 2024

On one hand, South Indian states have been complaining about denial of a proportionate portion of the sharable funds from the Centre, based on population. On the other hand, they stand to lose Lok Sabha and Rajya Sabha seats that again are based on population, points out N Sathiya Moorthy.

Mexico City: Viva La Vida!

Mexico City: Viva La Vida!

Rediff.com1 Feb 2024

Embracing the past and the present, Mexico City pulsates with warmth and vibrancy, discovers Payal Singh Mohanka.

Ram Temple And The Religion Vs Politics Debate

Ram Temple And The Religion Vs Politics Debate

Rediff.com17 Jan 2024

At a time when the BJP's stars are at the top on the eve of the Lok Sabha polls, the Puri-Joshimath Sankaracharyas may have kick-started a row whose efforts might be to divide Hindus, not in the name of castes, but on what passes for greater belief, observes N Sathiya Moorthy.

Can Stalin Repeat 2019 Lok Sabha Result In 2024?

Can Stalin Repeat 2019 Lok Sabha Result In 2024?

Rediff.com5 Jan 2024

Stalin still enjoys a lot of sympathy and empathy as someone wishing well for the state, but not full-throated support as in 2019 and 2021, notes N Sathiya Moorthy.

Must Watch OTT Shows of 2023

Must Watch OTT Shows of 2023

Rediff.com2 Jan 2024

Sukanya Verma picks the best of OTT from 2023.

Two Cheers! India Is In A Good Place

Two Cheers! India Is In A Good Place

Rediff.com2 Jan 2024

While India should be concerned about disparities, the fact is that whereas three decades ago about half the people had incomes greater than $2.15 a day, today seven out of eight do, notes T N Ninan.

Where You Can Watch Shyam Benegal's Best Films

Where You Can Watch Shyam Benegal's Best Films

Rediff.com14 Dec 2023

As Shyam Benegal turns 89 on December 14, Subhash K Jha takes a look at 10 of his best films and tells you where you can watch them.

Air India changes aircraft order with Airbus, cites 'business requirements'

Air India changes aircraft order with Airbus, cites 'business requirements'

Rediff.com7 Dec 2023

Air India significantly altered the composition of the aircraft order it placed earlier this year with Airbus, the European plane manufacturer has said. In February, Air India had placed the world's second-largest single-tranche aircraft order for 470 planes: 250 with Airbus and 220 with Boeing. In July, Airbus disclosed an order comprising 70 A321neo, 140 A320neo, 34 A350-1000, and six A350-900 aircraft for Air India.

OTT: You'll Need A LOOONG Weekend

OTT: You'll Need A LOOONG Weekend

Rediff.com2 Dec 2023

You'll wish weekends lasted as long as weeks after looking at Sukanya Verma's long, long list of recommendations on OTT this week.

Air India acquires first A350 aircraft through GIFT City

Air India acquires first A350 aircraft through GIFT City

Rediff.com29 Sep 2023

Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City. This is also the first wide body aircraft to be leased through the GIFT City, the country's first International Financial Services Centre (IFSC). In a release, the airline said the transaction was facilitated by its wholly-owned subsidiary AI Fleet Services Ltd (AIFS) and is also the first financing transaction from the orders for 470 aircraft that were made earlier this year.

'Canada is deeply sorry': Trudeau apologises for honouring Nazi veteran

'Canada is deeply sorry': Trudeau apologises for honouring Nazi veteran

Rediff.com28 Sep 2023

Prime Minister Justin Trudeau has apologised for the Canadian Parliament's recognition of a man who fought for a Nazi unit during World War II, an incident that drew global condemnation and was termed by the Opposition as the 'biggest single diplomatic embarrassment' in the country's history.

'Nitish, Mamata, Stalin Don't Know India'

'Nitish, Mamata, Stalin Don't Know India'

Rediff.com7 Sep 2023

'Does anyone understand India?' 'Does anyone have a larger perspective for India as a whole?' 'Today we have rulers who do not understand the ruled.'

'Film-making is a soul-sapping profession'

'Film-making is a soul-sapping profession'

Rediff.com5 Sep 2023

'Or because I am getting a s**tload of money.'

IndiGo to place order for 10 more A320 neo planes

IndiGo to place order for 10 more A320 neo planes

Rediff.com4 Sep 2023

The country's largest airline IndiGo has decided to place an order for another 10 A320 neo family aircraft. These planes will be in addition to the nearly 1,000 planes already ordered by the carrier. The latest decision comes little over two months after IndiGo announced placing a firm order to buy 500 narrow-body planes from Airbus, which was one of the largest-ever aircraft purchases by an airline.

Ready For Romance On OTT?

Ready For Romance On OTT?

Rediff.com25 Aug 2023

From a galaxy far, far away to apna Bollywood and everything in between, Sukanya Verma shows us there's much to binge on OTT this week.

IndiGo posts record Rs 3,090.6 crore profit in June quarter

IndiGo posts record Rs 3,090.6 crore profit in June quarter

Rediff.com2 Aug 2023

With tailwinds of strong operational performance and favourable market conditions, InterGlobe Aviation on Wednesday reported a record profit after tax of Rs 3,090.6 crore in the three months ended June. The parent of the country's largest airline also reported its highest-ever quarterly total income of Rs 17,160.9 crore in the first quarter of the current fiscal, according to a release. The carrier, which had 316 planes in its fleet at the end of June 2023, had registered a loss of Rs 1,064.3 crore in the 2022 June quarter.

PSLV-C56 successfully places 7 Singaporean satellites into orbit

PSLV-C56 successfully places 7 Singaporean satellites into orbit

Rediff.com30 Jul 2023

Around 23 minutes after lift-off, the primary satellite got separated and it was followed by six other co-passenger satellites, which were deployed into the intended orbits sequentially, ISRO said.

How Air India Got Funds To Buy Planes

How Air India Got Funds To Buy Planes

Rediff.com8 Jul 2023

'The funds were arranged from multiple banks at a very competitive rate and converted into dollars at the best rates.'

When Bollywood Went Blind

When Bollywood Went Blind

Rediff.com6 Jul 2023

Sukanya Verma looks at all the wonderful, wacky and woeful ways Bollywood has portrayed blindness on screen.

Days after abandoned coup attempt in Russia, Putin's stern warning

Days after abandoned coup attempt in Russia, Putin's stern warning

Rediff.com27 Jun 2023

In a televised address to the nation on Monday, Putin said that since the start of the events, steps were taken on his orders to avoid large-scale bloodshed, as he thanked the Russians for endurance and support.

Air India signs pacts with Airbus, Boeing to buy 470 planes

Air India signs pacts with Airbus, Boeing to buy 470 planes

Rediff.com20 Jun 2023

Air India on Tuesday signed agreements with Airbus and Boeing for acquiring 470 planes for an estimated $70 billion at list prices. The Tata Group-owned airline had announced that it will buy 470 aircraft, including wide-body planes, in February this year. The "firm orders include 34 A350-1000, 6 A350-900, 20 Boeing 787 Dreamliners and 10 Boeing 777X widebody aircraft, as well as 140 Airbus A320neo, 70 Airbus A321neo and 190 Boeing 737MAX narrow-body aircraft," the airline said in a release.

IndiGo has flexibility to decide 2035 size, says CEO Pieter Elbers

IndiGo has flexibility to decide 2035 size, says CEO Pieter Elbers

Rediff.com20 Jun 2023

IndiGo has the flexibility to decide what would be the precise size of its aircraft fleet by 2035, its chief executive officer (CEO) Pieter Elbers said on Monday. IndiGo - the country's largest airline - has 312 aircraft in its fleet. Elbers said the airline will double in size by 2030, indicating the airline will have a fleet of about 625 by 2030.

IndiGo places firm order for 500 planes with Airbus

IndiGo places firm order for 500 planes with Airbus

Rediff.com19 Jun 2023

No-frills airline IndiGo on Monday announced placing a firm order for 500 A320 family planes with European aviation major Airbus at the Paris Air Show. This is the largest ever aircraft order placed by any airline with Airbus, IndiGo said in a statement. Financial details of the order were not disclosed.

Go First crisis pushes airfares higher, staff face uncertain times

Go First crisis pushes airfares higher, staff face uncertain times

Rediff.com2 Jun 2023

From a surge in airfares to rattled aircraft lessors to thousands of employees staring at uncertainty, it has been a month of continued turbulence since cash-strapped Go First suspended flights from May 3. As the government and other stakeholders hope that Go First restarts operations at the earliest, plans are being worked out for the budget airline's revival. A section of Go First staff are optimistic about restarting of operations, another section are pessimistic about the airline's future course considering what had happened to erstwhile Kingfisher Airlines and Jet Airways, according to employees who spoke to PTI.

Indian American teen crashes truck into White House barrier, aimed to 'seize power'

Indian American teen crashes truck into White House barrier, aimed to 'seize power'

Rediff.com24 May 2023

A 19-year-old Indian-origin teen accused of deliberately crashing a rented U-Haul truck into a White House barrier told authorities that he wanted to get inside the mansion to "seize power" and "kill" US President Joe Biden, according to media reports.

IndiGo back in black on robust market demand

IndiGo back in black on robust market demand

Rediff.com18 May 2023

Fuelled by robust market demand and higher revenues, InterGlobe Aviation on Thursday flew into the profitability zone, raking in a net profit of Rs 919.2 crore in the March quarter. The parent of the country's largest airline IndiGo, which had faced turbulence last year, had a net loss of Rs 1,681.8 crore in the three months ended March 2022. Reflecting the bullishness in the aviation market, the carrier has forecast a 5-7 per cent rise in Available Seat Kilometres (ASK), an indicator of seat capacity, in the June quarter.

10 Classic Tamil Films On OTT

10 Classic Tamil Films On OTT

Rediff.com9 May 2023

Divya Nair makes a list of Tamil films you must watch at least once. The good news is that they're on OTT right now.

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