News for '-urbanization'

Elon Musk Takes Centrestage At Trump's Cabinet Meet

Elon Musk Takes Centrestage At Trump's Cabinet Meet

Rediff.com27 Feb 2025

Donald Trump held his first cabinet meeting of his second term, featuring a controversial appearance by Elon Musk, who stood wearing a "tech support" T-shirt.

BJP sweeps Haryana civic polls, big setback for Cong

BJP sweeps Haryana civic polls, big setback for Cong

Rediff.com12 Mar 2025

The BJP registered emphatic victories in seven municipal corporations in Haryana, while its nominees were leading in two other civic bodies in the recently held elections. The Congress, which was hoping to improve its electoral fortunes after a defeat in the 2024 Assembly polls, suffered another setback. The BJP candidates won with large margins in Faridabad, Gurugram, Hisar, Karnal, Rohtak, Sonipat, and Ambala. The BJP was also leading in Yamunanagar and Panipat. In Manesar, an Independent candidate, Inderjeet Yadav, won the mayoral election. The results are seen as a major setback for the Congress, which has been facing internal turmoil and factionalism.

How Yamuna controversy sank AAP in Delhi

How Yamuna controversy sank AAP in Delhi

Rediff.com9 Feb 2025

The BJP's victory in the 2025 Delhi Assembly elections was largely attributed to the Yamuna pollution issue, with the party successfully capitalizing on the backlash from Haryanvi-origin voters who perceived AAP's narrative on the river's pollution as an attack on their home state. The BJP's campaign focused on presenting itself as both the protector of Haryana's honor and the party with a concrete vision for the Yamuna's revival, ultimately leading to AAP's significant decline in the Yamuna belt and rural areas.

Relief for Siddaramaiah as HC dismisses plea seeking CBI probe into MUDA case

Relief for Siddaramaiah as HC dismisses plea seeking CBI probe into MUDA case

Rediff.com7 Feb 2025

Siddaramaiah, his wife, brother-in-law B M Mallikarjun Swamy, Devaraju -- from whom Swamy had purchased a land and gifted it to Parvathi -- and others have been named in the FIR registered by the Lokayukta police establishment, located in Mysuru on September 27, following the order of the Special Court that exclusively deals with criminal cases related to former and elected MPs/MLAs.

'We Have Doubled Our Exposures To India'

'We Have Doubled Our Exposures To India'

Rediff.com19 Mar 2025

'Expect India to keep doing well irrespective of geopolitics.'

Unemployment rate dips to 6.4% in September quarter

Unemployment rate dips to 6.4% in September quarter

Rediff.com18 Nov 2024

The unemployment rate for people aged 15 years and above in urban areas dipped to 6.4 per cent in the July-September quarter, according to the National Sample Survey Survey (NSSO). Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force. The unemployment rate in the September quarter of FY24 was 6.6 per cent.

BJP counters with 'janata darbar' in Shinde's turf post warning

BJP counters with 'janata darbar' in Shinde's turf post warning

Rediff.com23 Feb 2025

Maharashtra Forest Minister and BJP leader Ganesh Naik will hold a 'janata darbar' in Thane, a stronghold of Deputy Chief Minister and Shiv Sena president Eknath Shinde, amid speculation of unease within the ruling Mahayuti alliance. The event, which will be held near the collector's office in Thane city, is being seen by some political circles as a direct challenge to the Shiv Sena's influence in the area. The BJP and Shiv Sena have been experiencing tensions in their relationship for the past few weeks, which came to the forefront with Shinde's recent warning to not take him lightly. The rivalry between Naik and Shinde goes back several years, with both competing to increase their influence in Thane. The event has been downplayed by Shiv Sena leaders, who emphasize that it is simply a public hearing to address grievances. However, the timing of the event and the recent tensions between the BJP and Shiv Sena have fueled speculation about its political significance.

A Budget that balances prudence with growth: Birla

A Budget that balances prudence with growth: Birla

Rediff.com2 Feb 2025

Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.

Share of urban women with salaried jobs at 6-year low in Q2: PLFS

Share of urban women with salaried jobs at 6-year low in Q2: PLFS

Rediff.com11 Dec 2023

As more companies ask their employees to return to office after the pandemic, the share of women employed in regular salaried jobs in urban India decreased from 54 per cent in the first quarter to 52.8 per cent in the second quarter of the current financial year, according to the quarterly Periodic Labour Force Survey (PLFS) data. The slump in the share is the lowest in wage employment in any quarter in the last six years when the National Statistical Office started releasing the quarterly PLFS surveys in Q3 of FY19. The share of women in wage work was highest in Q1 of FY21 at 61.2 per cent.

Lokayukta finds no evidence against Siddaramaiah, wife in MUDA case

Lokayukta finds no evidence against Siddaramaiah, wife in MUDA case

Rediff.com20 Feb 2025

The Lokayukta police probing the Mysore Urban Development Authority (MUDA) site allotment case on Wednesday said that the charges against Karnataka Chief Minister Siddaramaiah and his wife Parvathi could not be proved for want of evidence.

Delhi has become Aapda-mukt: Modi in victory speech

Delhi has become Aapda-mukt: Modi in victory speech

Rediff.com8 Feb 2025

Hailing the Bharatiya Janata Party's Delhi assembly polls victory as 'historic', Prime Minister Narendra Modi on Saturday launched a stinging attack on the Aam Aadmi Party and the Congress, saying the country needs a serious political transformation and not politics of 'dhoort-ta (deceit) and moorkhta (foolishness)'.

Parliament's Budget session to be held from Jan 31 to April 4

Parliament's Budget session to be held from Jan 31 to April 4

Rediff.com18 Jan 2025

Parliament's Budget Session will be held from January 31 to April 4, with Finance Minister Nirmala Sitharaman set to table her eighth straight budget on February 1. The session will begin with President Droupadi Murmu's address to a joint sitting of the Lok Sabha and Rajya Sabha on January 31, followed by the tabling of the economic survey. The first part of the Budget Session will have nine sittings from January 31 to February 13, after which Parliament will break for recess to examine the budget proposals. The session will reconvene on March 10 to discuss the demands for grants of various ministries and complete the budgetary process, concluding on April 4.

RBI sees 'sequential pickup in economic activity'

RBI sees 'sequential pickup in economic activity'

Rediff.com19 Feb 2025

High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on Wednesday. However, a strong dollar, driven by US economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies, push risk premiums higher, and intensify external vulnerabilities, said an article on 'State of the Economy' published in RBI's February bulletin.

FMCG firms worry over high inflation; price hike likely

FMCG firms worry over high inflation; price hike likely

Rediff.com3 Nov 2024

Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food inflation, which ultimately slowed down the pace of urban consumption. Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike. HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC, and Tata Consumer Products Ltd (TCPL) have expressed concerns over squeezing urban consumption, which according to industry experts forms 65-68 per cent of FMCG total sales.

Maruti's Feb PV sales rise marginally; Hyundai, Tata's decline

Maruti's Feb PV sales rise marginally; Hyundai, Tata's decline

Rediff.com1 Mar 2025

Leading passenger vehicle maker Maruti Suzuki on Saturday reported marginal growth while Hyundai and Tata Motors posted a decline in their sales in February as a slowdown in the market continued with demand remaining muted. On the other hand, Mahindra & Mahindra and Toyota Kirloskar Motor posted double-digit growth riding on their SUV and MPV models.

Delhi's Fuel Ban On 15-year-old Vehicles Finds No Backers

Delhi's Fuel Ban On 15-year-old Vehicles Finds No Backers

Rediff.com13 Mar 2025

The Delhi government has announced that vehicles older than 15 years will be denied fuel at petrol pumps starting April 1.

Amid buzz of defections, Uddhav dares Shinde to...

Amid buzz of defections, Uddhav dares Shinde to...

Rediff.com8 Feb 2025

Maharashtra Minister Uday Samant on Friday claimed that many leaders from the opposition Shiv Sena-UBT were in touch with his party and would be inducted in phases.

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Passenger vehicle sales crash 10% in Feb, 2Ws down 6%

Rediff.com21 Mar 2025

The meltdown in Dalal Street that wiped out investor wealth to the tune of 44 trillion in 2025 also seems to be having a ripple effect on the country's vibrant automobile retail sales.

Are Baloch rebels out of Pakistan's control now?

Are Baloch rebels out of Pakistan's control now?

Rediff.com14 Mar 2025

The Balochistan Liberation Army (BLA) has undergone a significant transformation, evolving from hit-and-run attacks to carrying out sophisticated operations with tactical precision. The group's tactics and targets have become increasingly audacious, targeting security forces, Chinese nationals, and innocent civilians. Experts attribute the BLA's evolution to various factors, including the leadership of Bashir Zeb, the group's growing intelligence network, and its exploitation of the grievances of the Baloch people. The BLA's actions are a cause for concern, as the group's sophisticated attacks pose a major challenge to security forces.

India to continue resilient growth in 2025: S&P

India to continue resilient growth in 2025: S&P

Rediff.com10 Dec 2024

S&P Global Ratings on Tuesday said the Indian economy is set for "resilient growth" in 2025 and projected inflation pressure to recede which will lead to "modest" easing of the monetary policy by the RBI. In its India outlook for 2025, S&P also retained India's growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26.

'Imposing Hindi Will Affect BJP's Prospects In Tamil Nadu'

'Imposing Hindi Will Affect BJP's Prospects In Tamil Nadu'

Rediff.com5 Mar 2025

'The vast majority of BJP supporters in Tamil Nadu can't speak any language other than Tamil.' 'When rural Tamil Nadu can't speak any other language than Tamil, how are they going to convince them that they have to learn Hindi?'

Q3 results preview: FMCG stocks vs capital goods sector

Q3 results preview: FMCG stocks vs capital goods sector

Rediff.com13 Jan 2025

Fast-moving consumer goods (FMCG) companies are expected to witness pressure on volumes in the October-December quarter. However, price hikes will help push up revenues, said brokerages.For India's largest engineering firm, Larsen and Toubro (L&T), the analysts expect a 20 per cent growth in consolidated revenue, and an 8.1 per cent core business Ebitda margin, up 40 bps from a year ago.

Some people trying to disturb peace by spreading venom of caste politics: Modi

Some people trying to disturb peace by spreading venom of caste politics: Modi

Rediff.com4 Jan 2025

Inaugurating the Grameen Bharat Mahotsav, the Prime Minister exuded confidence that villages will play a key role in pushing forward the dream of Viksit Bharat by 2047.

Carpenter quizzed in Saif attack case, taken to undisclosed location

Carpenter quizzed in Saif attack case, taken to undisclosed location

Rediff.com17 Jan 2025

A carpenter who had worked at Saif Ali Khan's apartment days before the stabbing incident was questioned by police, but no arrests have been made. Police are investigating the robbery motive behind the attack. The actor is recovering well after undergoing surgery for multiple stab wounds.

'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.'

Demand woes likely to keep a lid on HUL stock in near term

Demand woes likely to keep a lid on HUL stock in near term

Rediff.com24 Jan 2025

The October-December quarter (Q3FY25) results of fast moving consumer goods (FMCG) major Hindustan Unilever (HUL) indicated weak demand, with urban growth muted and rural showing recovery. Consolidated revenue grew by 1.6 per cent (volume was flat) to Rs 15,818 crore, due to price hikes. Prices of key raw materials such as palm oil and tea remained elevated, leading to compression of gross margin.

'Investments Of Over Rs 4 Trillion To Create 100,000 Jobs'

'Investments Of Over Rs 4 Trillion To Create 100,000 Jobs'

Rediff.com24 Feb 2025

'The size of the investments is important, but equally crucial is the number of jobs that these proposals create.'

Proposal to rename Mysuru road after Siddaramaiah sparks outrage

Proposal to rename Mysuru road after Siddaramaiah sparks outrage

Rediff.com25 Dec 2024

A proposal by the Mysuru City Corporation (MCC) to rename a stretch of road in the city after Karnataka Chief Minister Siddaramaiah has sparked strong objections from the opposition JD(S) and citizens. The proposal, which calls for naming a stretch of KRS Road as 'Siddaramaiah Arogya Marga', has been met with criticism, with the JD(S) calling it a "betrayal and insult" to the city's history and the state. The proposal has also drawn ire from RTI activist Snehamayi Krishna, who alleges that the road holds historical significance and that Siddaramaiah is an accused in the MUDA site allotment case. Citizens have also voiced their objections to the proposal, and Krishna has announced her intention to challenge it legally.

Why analysts have downgraded growth and margin expectations of Dabur

Why analysts have downgraded growth and margin expectations of Dabur

Rediff.com14 Jan 2025

Dabur's pre-quarterly update for Q3FY25 disappointed the market with the share dropping by 3.9 per cent. Growth was slower than expected and inflation hit margins. The management said that the fast-moving consumer goods (FMCG) consumption in rural markets was resilient and continued to grow faster than in urban markets.

Strategic pacts reshape energy turf

Strategic pacts reshape energy turf

Rediff.com13 Feb 2025

Leading oil companies dedicated the second day of India Energy Week (IEW) 2025 to announcing strategic deals and business agreements across the supply chain - from sourcing more crude oil supply to deploying more domestic ships and building gas distribution capacity.

CEA Nageswaran says urban recovery faster than rural

CEA Nageswaran says urban recovery faster than rural

Rediff.com3 Mar 2023

Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday said describing India's recovery as 'K-shaped' was wrong as both rural and urban economies were recovering, albeit at different paces. Speaking to reporters at the Finance Ministry, Nageswaran said the gross domestic product (GDP) growth print for the recent October-December quarter (Q3FY23) will likely be revised upwards. "The notion of using the letter 'K' to denote urban and rural is somewhat wrong because it is almost as if one is growing and one is contracting. "I would say one segment's slope is more positive, and the other one slope is less positive but it is positive," Nageswaran said.

Maha portfolio allocation: Fadnavis gets Home, Ajit Finance, Shinde...

Maha portfolio allocation: Fadnavis gets Home, Ajit Finance, Shinde...

Rediff.com21 Dec 2024

Shiv Sena's Dadaji Bhuse is the new school education minister while Uday Samant continues to be the industries minister.

The Regret About This Budget Is...

The Regret About This Budget Is...

Rediff.com3 Feb 2025

'... that it once again shies away from renewing its commitment to strategic divestment,' points out A K Bhattacharya.

Sweet Dreams Review: Pleasant Watch

Sweet Dreams Review: Pleasant Watch

Rediff.com27 Jan 2025

Sweet Dreams is a nice and wholesome date movie, recommends Deepa Gahlot.

Budget: 25% I-T Slab, Higher Rebate Likely

Budget: 25% I-T Slab, Higher Rebate Likely

Rediff.com29 Jan 2025

'If our Budget allows, we may implement both measures -- making income up to Rs 10 lakh tax-free and introducing a 25 per cent slab for income between Rs 15 lakh and Rs 20 lakh.'

Budget 2025: What realtors want from Nirmala Sitharaman

Budget 2025: What realtors want from Nirmala Sitharaman

Rediff.com13 Jan 2025

As the Union Budget 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through Pradhan Mantri Awas Yojna (PMAY), single-window clearance and eco-friendly policies, among others. Industry leaders and consultancy firms, including Anarock, Raheja, Gaurs, Kanodia Group, Reach, Urban Space, Justo and Eros Group, have shared their expectations.

Phoenix Mills primed for success after robust Q3 and Budget boost

Phoenix Mills primed for success after robust Q3 and Budget boost

Rediff.com11 Feb 2025

The stock of mall developer and commercial real estate major, The Phoenix Mills (Phoenix), is up 26 per cent since its business update in the third week of January. The gains came on strong December quarter performance and the consumption boost in the Budget which is expected to help the company sustain its growth trends.

I could've built sheesh mahal: PM slams AAP as 'aapda'

I could've built sheesh mahal: PM slams AAP as 'aapda'

Rediff.com3 Jan 2025

Prime Minister Narendra Modi on Friday slammed the Aam Aadmi Party as an 'aapda' (disaster) for Delhi, saying this 'aapda' had taken the national capital in its grip in the past 10 years.

Offered money: MUDA complainant alleges pressure from aide of Sidda's wife

Offered money: MUDA complainant alleges pressure from aide of Sidda's wife

Rediff.com18 Dec 2024

An RTI activist, Snehamayi Krishna, has alleged that a person claiming to be the personal assistant of Karnataka Chief Minister Siddaramaiah's wife, Parvathi B M, attempted to lure and pressure him and his son to drop their demand for a CBI probe into the MUDA site allotment scam. Krishna claims that he was offered money in exchange for not pursuing the case further. The incident comes amidst ongoing investigations by the Lokayukta and ED into the alleged irregularities in the allotment of land to Parvathi.

How to get more bang for the buck out of field agents

How to get more bang for the buck out of field agents

Rediff.com23 Jan 2025

Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?