News for '-central-and-state'

Forces foil bid to loot Manipur Rifle's armoury; curfew reimposed

Forces foil bid to loot Manipur Rifle's armoury; curfew reimposed

Rediff.com2 Nov 2023

Security forces fired several rounds in the air to disperse the mob, officials said.

28% GST on online gaming stays; to be reviewed after 6 months of roll-out

28% GST on online gaming stays; to be reviewed after 6 months of roll-out

Rediff.com2 Aug 2023

The decision to impose a 28 per cent tax on the full face value of bets placed on online games will be implemented from October 1 even though there was demand for a review from states like Delhi and Goa, finance minister Nirmala Sitharaman said on Wednesday. The GST Council -- the highest decision making body of the new indirect tax regime that comprises Union finance minister and representatives of all states -- discussed the language of amendments that will be needed to enabling taxing online gaming, she said after the panel meeting.

More Freebies In The Interim Budget?

More Freebies In The Interim Budget?

Rediff.com15 Dec 2023

The rising goods and services tax (GST) and personal income-tax collections may bolster the Narendra Modi government's ability to announce new schemes or enhance existing ones.

Record rains in southern TN claim 10 lives; state blames poor IMD forecast

Record rains in southern TN claim 10 lives; state blames poor IMD forecast

Rediff.com20 Dec 2023

While there was a brief respite from the incessant downpour on Tuesday, collaborative efforts from the defence, national, and state disaster response forces took the lead in executing rescue and relief operations.

PowerMin nudges states, gencos to take up insolvent assets

PowerMin nudges states, gencos to take up insolvent assets

Rediff.com12 Nov 2023

To tackle increasing demand, the Union Ministry of Power has urged central and state public-sector power-generating companies (gencos) and state power and energy departments to pick projects that are undergoing insolvency proceedings. The power ministry is looking at a quicker turnaround of these stressed power plants and enhancing power supply. Increasing demand is pushing states to scout for more power sources. "It is requested that state-owned gencos may be encouraged to participate in the corporate insolvency resolution process (CIRP) of stressed power assets, which are of strategic and commercial significance to the capacity addition plans of the states concerned.

Manipur women's body protests against Assam Rifles' notice to politician

Manipur women's body protests against Assam Rifles' notice to politician

Rediff.com2 Sep 2023

Representatives of the Committee on Mass Protest against Assam Rifles organised sit-ins to protest against the paramilitary force's legal notice to Republican Party of India-Athawale national secretary Maheshwar Thounaojam for harming the "reputation of the organisation".

Haryana will take action against those behind Nuh violence: Union minister

Haryana will take action against those behind Nuh violence: Union minister

Rediff.com14 Aug 2023

The Bharatiya Janata Party's Gurgaon MP also met the family members of one of the home guards killed in the violence and paid tributes to him.

Aadhaar To Be Default e-ID

Aadhaar To Be Default e-ID

Rediff.com7 Oct 2023

If a citizen chooses not to use Aadhaar as the default unique identity, then other unique identity proofs masked and linked to Aadhaar would be used.

May 4 video of women sparks fresh tension in Manipur hills

May 4 video of women sparks fresh tension in Manipur hills

Rediff.com19 Jul 2023

Tension mounted in the hills of Manipur after a video from May 4 surfaced on Wednesday showing two women from one of the warring communities being paraded naked by a few men from the other side, officials said in Imphal on Wednesday.

'Jeevan Kiran offers a risk cover at no cost'

'Jeevan Kiran offers a risk cover at no cost'

Rediff.com24 Aug 2023

'At the policy's maturity, the total premium is refunded.'

Corporate capex fell 2 quarters in a row

Corporate capex fell 2 quarters in a row

Rediff.com13 Sep 2023

India's corporate sector, including public sector enterprises (PSEs), continues to go slow on investments and capital expenditure (capex). According to data from Motilal Oswal Financial Services (MOFSL), corporate investments declined for the second consecutive quarter in the April-June period (first quarter, or Q1) of 2023-24 (FY24). After a contraction of 0.5 per cent year-on-year (Y-o-Y) in the 2022-23 (FY23) January-March quarter, corporate investments likely fell 6.2 per cent Y-o-Y in Q1FY24, write Nikhil Gupta and Tanisha Ladhaa of MOFSL in their recent report on corporate investments.

'Lacklustre Market Is Good Time To Invest'

'Lacklustre Market Is Good Time To Invest'

Rediff.com1 Nov 2023

'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'

How India Can Defend Economy From Global Spillovers

How India Can Defend Economy From Global Spillovers

Rediff.com10 Nov 2023

While India won't be immune to global spillovers, we need to create the macro preconditions for sustained growth. Policy agility, prudence, and resilience will be key, suggests Sonal Varma.

SC orders Centre, states to eradicate manual scavenging in phased manner

SC orders Centre, states to eradicate manual scavenging in phased manner

Rediff.com22 Oct 2023

Issuing a slew of directions, a bench of Justices S Ravindra Bhat (since retired) and Aravind Kumar asked the central and state governments to pay Rs 30 lakh as compensation to the next of kin of those who die while cleaning sewers.

Thousands of govt employees throng Ramlila maidan seeking old pension scheme

Thousands of govt employees throng Ramlila maidan seeking old pension scheme

Rediff.com1 Oct 2023

The protesters who had gathered under the banner of the Joint Forum for Restoration of Old Pension Scheme and National Joint Council of Action said they were worried about their post-retirement future.

CBI team in Manipur to probe killing of 2 students

CBI team in Manipur to probe killing of 2 students

Rediff.com27 Sep 2023

A team of Central Bureau of Investigation (CBI) officials, led by the agency's Special Director Ajay Bhatnagar, will reach Imphal in a special flight on Wednesday to investigate the 'kidnapping and killing' of two students who went missing in the northeastern state on July 6, sources said.

Uzbek kids' death: Noida company loses manufacturing licence

Uzbek kids' death: Noida company loses manufacturing licence

Rediff.com23 Mar 2023

The manufacturing licence of Noida-based pharmaceutical firm Marion Biotech has been cancelled by the Uttar Pradesh authorities, according to officials.

Violent protests continue in Manipur over killing of youths

Violent protests continue in Manipur over killing of youths

Rediff.com27 Sep 2023

Protest rallies erupted in Imphal with thousands of students marching towards the centre of the city, sloganeering against the kidnapping and killing of two youths for the second consecutive day on Wednesday.

Ten get 10 years in jail for lynching Tabrez Ansari

Ten get 10 years in jail for lynching Tabrez Ansari

Rediff.com5 Jul 2023

Accusing him of trying to steal a motorcycle, a mob beat up Ansari on June 17 of that year.

Govt tweaks licensing norms for laptop, computer imports

Govt tweaks licensing norms for laptop, computer imports

Rediff.com19 Oct 2023

The government on Thursday tweaked curbs on imports of laptops and computers as it allowed importers to bring in shipments of IT hardware from overseas on a mere 'authorisation' upon detailing quantity and value. The new 'import management system' is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime. The announcement is likely to provide relief to companies in the IT hardware segment in India as they had flagged concerns over the imposition of a strict licensing regime for importers.

India to clock GDP growth of 6.5% in FY'24; to meet fiscal deficit target of 5.9%: CEA

India to clock GDP growth of 6.5% in FY'24; to meet fiscal deficit target of 5.9%: CEA

Rediff.com1 Sep 2023

Chief Economic Advisor V Anantha Nageswaran on Thursday said the economy is expected to grow at 6.5 per cent in the current fiscal notwithstanding deficient rains in August. India recorded economic growth of 7.8 per cent in the April-June quarter of 2023-24 against 13.1 per cent in the year-ago period. India's economy in Q1 grew at the fastest pace in a year, on the shoulders of a boost in capital expenditure both at central and state levels, along with stronger consumption demand, especially in rural areas, and improved performance in the services sector, he said.

Borrowers will soon be able to switch to fixed-rate regime: RBI

Borrowers will soon be able to switch to fixed-rate regime: RBI

Rediff.com10 Aug 2023

The Reserve Bank on Thursday said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate. Unveiling the bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das said under the framework, to be put in place shortly, the lenders will have to clearly communicate with the borrowers about tenor and EMI. "The supervisory reviews undertaken by the Reserve Bank and the feedback and references from members of public have revealed several instances of unreasonable elongation of tenor of floating rate loans by lenders without proper consent and communication to the borrowers," he said.

76 pharma firms raided, licences of 18 cancelled for manufacturing spurious drugs

76 pharma firms raided, licences of 18 cancelled for manufacturing spurious drugs

Rediff.com28 Mar 2023

In a major crackdown against the manufacture of substandard drugs, central and state regulators conducted joint inspections at 76 pharma companies and cancelled the licences of 18 of them for producing spurious and adulterated drugs, official sources said on Tuesday.

Services sector pushes India's Q1 GDP growth to four-quarter high of 7.8%

Services sector pushes India's Q1 GDP growth to four-quarter high of 7.8%

Rediff.com31 Aug 2023

India recorded economic growth of 7.8 per cent in the April-June quarter of 2023-24 against 13.1 per cent in the year-ago period, as per the National Statistical Office (NSO) data released on Thursday. India remains the fastest-growing major economy as China's GDP growth in the April-June quarter was 6.3 per cent.

At 13 days, 3 hours, Biparjoy longest duration cyclone since 1977: IMD

At 13 days, 3 hours, Biparjoy longest duration cyclone since 1977: IMD

Rediff.com26 Jun 2023

vThe longest duration cyclone over the north Indian Ocean had developed over the Bay of Bengal and weakened over the Arabian Sea between November 8-23, 1977 with a life period of 14 days and six hours.

'Meitei camp was as bad as the Kuki camp'

'Meitei camp was as bad as the Kuki camp'

Rediff.com1 Aug 2023

'Hygiene is very bad, there is no medicine and there is no electricity.' 'I fear that there will be a breakout of some disease.'

1,000 insurgents of 8 tribal groups lay down arms in Assam

1,000 insurgents of 8 tribal groups lay down arms in Assam

Rediff.com6 Jul 2023

The representatives of outfits, including three breakaway factions, deposited their arms to the chief minister at a ceremony organised by the home department Guwahati.

IIM amendment bill proposing powers to Prez triggers autonomy debate

IIM amendment bill proposing powers to Prez triggers autonomy debate

Rediff.com30 Jul 2023

The bill to amend the IIM Act of 2017 was introduced in the Lok Sabha last Friday amid disruptions by opposition members over the Manipur violence issue.

Govt failed in Manipur, PM indifferent, says INDIA in memo to governor

Govt failed in Manipur, PM indifferent, says INDIA in memo to governor

Rediff.com30 Jul 2023

In a memorandum submitted to Manipur Governor Anusuiya Uikey, the 21 opposition MPs who signed the document demanded urgent rehabilitation and resettlement of the affected people to bring peace and harmony to the state.

Manipur violence: Kuki MLAs, civil society groups refuse talks with Biren govt

Manipur violence: Kuki MLAs, civil society groups refuse talks with Biren govt

Rediff.com18 May 2023

During the meeting, it was decided to hold consultations on a wider scale so as to arrive at a common political agenda with other groups, it said.

Centre ready for discussions on Manipur violence: Union minister

Centre ready for discussions on Manipur violence: Union minister

Rediff.com7 May 2023

Stating that the Centre was not adamant when it came to people's welfare, Reddy said that it even withdrew three Farm Laws when agriculturists demanded the repeal of the controversial regulations.

Lessons To Be Learnt From Nitin Desai's Death

Lessons To Be Learnt From Nitin Desai's Death

Rediff.com25 Aug 2023

We must stop stigmatising business failures. Particularly when startups are mushrooming all around, the financial system, backed by the RBI and the government, can explore ways of extending support to restart the journey of a failed entrepreneur by finance as well as counselling, recommends Tamal Bandyopadhyay.

Red Fort's Tryst With India's Destiny

Red Fort's Tryst With India's Destiny

Rediff.com14 Aug 2023

Jawaharlal Nehru did not unfurl the Tricolour at the Red Fort on August 15, 1947. But, in a gesture of nationalistic symbolism -- one that has endured by repetition over the 76 years of independent India -- Nehru took to the ramparts at Red Fort's Lahori Gate on August 16, 1947, unfurled the Tricolour there and delivered his first Independence Day speech.

Bike-taxi can't run in Delhi for now, says SC

Bike-taxi can't run in Delhi for now, says SC

Rediff.com12 Jun 2023

The bench, which stayed the May 26 order of the Delhi HC, also recorded the Delhi government counsel's submission the final policy will be notified before July-end.

Hours after suspending Jan Aakrosh Yatra, BJP says it will go on

Hours after suspending Jan Aakrosh Yatra, BJP says it will go on

Rediff.com22 Dec 2022

BJP state president Satish Poonia said there was some confusion regarding the Jan Aakrosh Yatra which has been cleared now and the Jan Aakrosh Sabhas (meetings) will take place as per the schedule.

'We are not going back to licence raj'

'We are not going back to licence raj'

Rediff.com18 Sep 2023

'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'

Amit Shah to visit village in Arunachal along China border

Amit Shah to visit village in Arunachal along China border

Rediff.com8 Apr 2023

Union Home Minister Amit Shah will visit Arunachal Pradesh on April 10 and 11 where he will launch the 'Vibrant Villages Programme' in Kibithoo, a village along the India-China border.

All we have is a pair of dress, passport: Indians returned from Sudan

All we have is a pair of dress, passport: Indians returned from Sudan

Rediff.com27 Apr 2023

With all her money and valuables taken away during the conflict in Sudan, Divya Rajasekharan who arrived from the African country, said she lost all hopes of returning to Sudan.

'He will move to a new Parliament on Ganesh Chaturthi'

'He will move to a new Parliament on Ganesh Chaturthi'

Rediff.com14 Sep 2023

'The Constitution of India is a stumbling block. So, they want a Presidential mode of election.' 'This is the sole purpose of the BJP to go for one nation, one election.'

GST Council likely to approve tribunal blueprint this month

GST Council likely to approve tribunal blueprint this month

Rediff.com12 Jun 2023

The Goods and Services Tax (GST) Council, which is likely to meet in the third or fourth week of June, is set to clear the operational framework of the much-awaited GST appellate tribunal, which will deal with tax disputes and streamline resolution. "The final blueprint, mainly the operational part, is expected to be presented in the GST Council meeting for approval. "This will pave the way for the tribunal to be functional, both at the central and state levels," said a senior government official, who expects the tribunal to be up and running by November.