News for 'Chemical'

'Had liberalisation not taken place, I may have gone back to the US'

'Had liberalisation not taken place, I may have gone back to the US'

Rediff.com10 Oct 2024

An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.

Four women among 10 killed in TN fireworks factory blast

Four women among 10 killed in TN fireworks factory blast

Rediff.com17 Feb 2024

The mishap occurred around 12.30 pm on Saturday in the chemical mixing room of the firecracker-making unit in the village.

NTA announces new dates for 3 crucial exams, including UGC-NET

NTA announces new dates for 3 crucial exams, including UGC-NET

Rediff.com29 Jun 2024

The National Testing Agency (NTA) on Friday night announced the new dates of cancelled and postponed examinations, including the University Grants Commission-National Eligibility Test, amid a raging row over alleged irregularities in their conduct.

Budget may go vocal for higher local procurement

Budget may go vocal for higher local procurement

Rediff.com17 Jul 2024

To boost domestic manufacturing under the Make in India initiative and reduce dependency on imports, the government is expected to announce in the Budget an increase in the minimum local content requirement for public procurement, with certain sectors being granted exceptions. Currently, firms producing goods, services, or works with at least 50 per cent local content are classified as Class-I local suppliers and are preferred the most in government procurement.

Terror group claims to plant 24 bombs across Assam

Terror group claims to plant 24 bombs across Assam

Rediff.com15 Aug 2024

A senior police officer said bomb disposal squads have been rushed to all the places mentioned by ULFA-I but there is no report of recovery of any bomb or explosive.

Volume growth, lower costs positive for Coal India's outlook

Volume growth, lower costs positive for Coal India's outlook

Rediff.com9 Aug 2024

Coal India's (CIL's) revenue for the first quarter of 2024-25 (Q1FY25) came in at Rs 36,500 crore, up 1 per cent year-on-year (Y-o-Y) and down 3 per cent sequentially, which was in line with consensus. The blended average selling price was Rs 1,687/tonne, down 5 per cent Y-o-Y and down 1 per cent Q-o-Q, which was below estimates. The adjusted operating profit (excluding overburden removal or OBR costs) stood at Rs 11,500 crore up 3 per cent Y-o-Y and up 17 per cent Q-o-Q, which beat the street. This was due to lower operating expenses.

How FarmDidi Is Changing Lives

How FarmDidi Is Changing Lives

Rediff.com20 Sep 2024

Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.

RIL net may see sequential dip

RIL net may see sequential dip

Rediff.com15 Jul 2024

Consolidated earnings for oil-to-telecom conglomerate Reliance Industries (RIL) may report sequential weakness, and modest year-on-year (Y-o-Y) growth in the June 2024 quarter (Q1FY25), said analysts. Lower refining margins are expected to moderate gains made from other businesses. RIL is slated to report its financial performance for Q1FY25 on July 19.

'If You Want To Invest Directly, Ensure...'

'If You Want To Invest Directly, Ensure...'

Rediff.com27 Aug 2024

'...you evaluate three key factors before committing your money.'

Lal Salaam, Comrade Buddhadeb

Lal Salaam, Comrade Buddhadeb

Rediff.com9 Aug 2024

He was reviled by critics in his party as a neo-liberal in disguise but till the end, he retained his belief in secularism and the humanity of Communism.

East Bengal, Mohun Bagan fans unite to protest medic rape

East Bengal, Mohun Bagan fans unite to protest medic rape

Rediff.com18 Aug 2024

Police said there were intelligence inputs that attempts would be made to trigger violence during the match, because of which it was cancelled.

Shortage of key chemical from US hits Covaxin ramp-up plans

Shortage of key chemical from US hits Covaxin ramp-up plans

Rediff.com22 Apr 2021

'In case of shortage of other raw material, like filters and bags, one can try to develop another vendor. However, for chemicals as critical as adjuvants, this is not possible'

Shares given as gift may escape capital gains tax

Shares given as gift may escape capital gains tax

Rediff.com9 May 2024

In a case related to Mumbai-based Jai Trust versus Union government, the court ruled that a gift is a consideration-less transaction, and hence, not liable for capital gains tax. It quashes the reassessment notice issued by the tax authorities alleging that a specific income has escaped assessment on transfer of shares as gift by the trust.

2 workers die, 26 injured in fire at UPL chemical plant in Gujarat

2 workers die, 26 injured in fire at UPL chemical plant in Gujarat

Rediff.com23 Feb 2021

The fire broke out after a blast at United Phosphorus Ltd's plant in Jhagadia GIDC industrial area, said inspector P H Vasava of the local police station.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

India Inc gives weakest performance on profit front in seven quarters

India Inc gives weakest performance on profit front in seven quarters

Rediff.com13 Aug 2024

India Inc has reported a muted start to the financial year 2024-25, with a decline in net earnings and a modest single-digit uptick in revenues. An analysis of 488 companies that have released their results for the June 2024 quarter reveals a 1.6 per cent year-on-year (Y-o-Y) drop in combined net profit -- the weakest performance in the past seven quarters. In stark contrast, the combined net profit of these companies experienced a 13.6 per cent Y-o-Y increase in the previous quarter (Q4FY24) and a 65.2 per cent Y-o-Y rise in Q1FY24.

New govt may kick off pesticide, seed reforms

New govt may kick off pesticide, seed reforms

Rediff.com18 Apr 2024

With farm Acts out of the picture, the government may look at reforming the input side of the agriculture sector - regulations and rules that govern seeds, fertilisers and plant chemicals. Sources said such a blueprint, which is aimed at making the life of farmers easier, with quicker approvals but not compromising on quality, is in the works as part of the 100-day agenda of Modi 3.0. Also, ways to administer fertiliser subsidy more effectively and cutting down on leakages and diversions to build on the success of neem-coated urea are being thought of.

Reliance's O2C jitters: A refining challenge that's crimping growth

Reliance's O2C jitters: A refining challenge that's crimping growth

Rediff.com29 Jul 2024

Weighed down by the oil-to-chemicals (O2C) business, Reliance Industries (RIL) results for the April-June quarter (Q1) of 2024-25 (FY25) missed Street estimates. A 14 per cent fall in the O2C segment's operating profit compared to the year-ago quarter and a 22 per cent sequential decline pulled down the consolidated performance. The O2C segment accounts for a third of the overall operating profit and about 60 per cent of the attributable consolidated profit.

3 dead in chemical factory fire in Maharashtra

3 dead in chemical factory fire in Maharashtra

Rediff.com9 Mar 2018

The blaze started after a massive explosion inside a boiler at a company named Ramedeo chemicals around 11.40 pm, an official said.

Chemicals: Expect import duty reduction on feedstock

Chemicals: Expect import duty reduction on feedstock

Rediff.com24 Feb 2016

In 2015, India chemicals industry had a market size of $144 billion.

What Star Rating Does Your AC Have?

What Star Rating Does Your AC Have?

Rediff.com18 Jun 2024

Since 2008, the Bureau of Energy Efficiency is running a star rating programme, under which electric equipment are rated according to their efficiency. This in turn helps the consumers save electricity.

HC orders takedown of post on centipede in Amul ice cream

HC orders takedown of post on centipede in Amul ice cream

Rediff.com5 Jul 2024

The Delhi high court has directed a Noida resident to remove her social media posts that alleged she found a centipede in a tub of Amul ice cream bought by her.

How NSG Trains To Fight Terrorists

How NSG Trains To Fight Terrorists

Rediff.com27 Jan 2024

The NSG calendar of 2024 is here! The calendar this year features some unique shots as those of CBRN (chemical, biological, radiological, nuclear) attack combat team, drone killers and CornerShot gun.

Green Mobility To Get Bigger Boost Under Modi 3.0

Green Mobility To Get Bigger Boost Under Modi 3.0

Rediff.com10 Jun 2024

As Modi's government embarks on its third term, apart from ensuring these schemes boost India's green mobility, addressing bottlenecks like battery swapping and meeting PLI deadlines are likely to be the government's major tasks.

Vizag chemical plant was preparing to resume work

Vizag chemical plant was preparing to resume work

Rediff.com7 May 2020

This is Styrene gas that affects the central nervous system, throat, skin, eyes and some other parts of the body, he said.

14 priests injured in 'gulal-triggered' fire in Mahakal temple

14 priests injured in 'gulal-triggered' fire in Mahakal temple

Rediff.com25 Mar 2024

Fourteen priests, including 'sevaks' (assistants), were injured in a fire that broke out in the Mahakal Temple in Ujjain in Madhya Pradesh on Monday during 'bhasma aarti', an official said.

IPO craze continues: 3 firms to raise Rs 1,325 crore next week

IPO craze continues: 3 firms to raise Rs 1,325 crore next week

Rediff.com3 Mar 2024

The primary market will see a flurry of activity in March, with at least three companies including Gopal Snacks will float their initial public offerings (IPOs) in the upcoming week to raise Rs 1,325 crore collectively. The other two companies which are set to launch their maiden public issues are -- RK Swamy and JG Chemicals. Additionally, Bengaluru-based luxury furniture brand Stanley Lifestyles and Krystal Integrated Services are expected to float their initial share-sales later this month, according to merchant bankers.

'Independence Without Safety Means Nothing'

'Independence Without Safety Means Nothing'

Rediff.com16 Aug 2024

'I humbly request the government to create safe spaces for ALL women, the strictest of punishment and the swiftest justice.'

19 major commodities see export volume growth, but value declines

19 major commodities see export volume growth, but value declines

Rediff.com9 May 2024

Exports of 19 major commodities, including petroleum products, coal and marine items, saw growth in terms of volume during April 2023-February 2024, even as they witnessed contraction in value terms during the same period. Government officials said the rise in export volume despite a decline in value implies that these commodities show a stronger market demand.

Ministry recommends anti-dumping duty on Chinese chemical

Ministry recommends anti-dumping duty on Chinese chemical

Rediff.com5 May 2020

The commerce ministry has recommended the continuation of anti-dumping duty on a Chinese chemical used in food and pharma industry with a view to guard domestic players from cheap imports. In a notification, the ministry's investigation arm, the Directorate General of Trade Remedies (DGTR), has said there is a "positive" evidence of likelihood of dumping of Sodium Citrate and injury to the domestic industry if the existing anti-dumping duty were to be removed.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com28 Apr 2024

Quarterly earnings from corporates, the US Fed interest rate decision and other global trends will be the major driving factors for determining movement in the domestic equity market in a holiday-shortened week ahead, analysts said. Besides, factors like trading activity of foreign investors, global oil benchmark Brent crude and rupee-dollar trend would also influence trading.

Govt extends approval for use of drones for spraying pesticides for 1 year

Govt extends approval for use of drones for spraying pesticides for 1 year

Rediff.com27 Apr 2024

The government has extended the interim approval given to plant protection companies for use of drones for spraying specified pesticides. The approval has been extended for one more year starting from April 18, 2024. All other terms and conditions for the use of drones for spraying plant protection chemicals including the standard operating procedures etc. will remain the same.

Meet India's new sports minister Mansukh Mandaviya

Meet India's new sports minister Mansukh Mandaviya

Rediff.com10 Jun 2024

Mansukh Mandaviya replaced Anurag Thakur in Prime Minister Narendra Modi's new cabinet.

Chinese toys popular in India seized in US for having dangerous chemicals

Chinese toys popular in India seized in US for having dangerous chemicals

Rediff.com22 Oct 2021

The US Customs and Border Protection (CBP), ahead of the holiday shopping season, warned consumers to be extra diligent while shopping online for children's toys after the recent seizure of toys that were coated in unsafe levels of lead, cadmium and barium.

Can Modi 3.0 Keep Food Inflation In Check?

Can Modi 3.0 Keep Food Inflation In Check?

Rediff.com17 Jun 2024

Increased production of pulses, oilseeds, and cereals will help boost domestic supplies and contribute to keeping inflation low in the coming months.

Robust production, new initiatives to drive growth for Coal India

Robust production, new initiatives to drive growth for Coal India

Rediff.com10 Jul 2024

Coal India looks set to achieve its 2024-25 (FY25) production targets. If it can achieve its aim of ramping up Fuel Supply Agreement (FSA) and e-auction volumes, along with cost-saving, evacuation and infrastructure-improvement projects, the company could maintain its momentum as a critical infrastructure and core industry performer. Analysts estimate e-auction volumes of 108 million tonnes (MT) in FY25 and 120 MT for FY26, which is encouraging given the premium of e-auction prices which are consistently over 50 per cent higher than FSA.

Modi Firmly In Control Of Ministers

Modi Firmly In Control Of Ministers

Rediff.com25 Jun 2024

The strong message from the prime minister is of continuity of policies he considers right with strong emphasis on execution, points out T N C Rajagopalan.

As order books grow, capital goods, engg companies firm up capex plans

As order books grow, capital goods, engg companies firm up capex plans

Rediff.com5 Jun 2024

As order books gain from India's increased capital outlay, some large capital goods and engineering companies are together spending over Rs 11,500 crore in creating new facilities, data shows. Nine engineering and capital goods companies, where data was available, including Siemens, Larsen & Tourbo (L&T) and KEC International, have a combined capital expenditure (capex) of about Rs 11,500 crore or more. Others such as ABB India and Thermax Global are also adding capacities.

Chemical industry cheers custom duty revision

Chemical industry cheers custom duty revision

Rediff.com1 Mar 2015

There is nothing specific announced for Chemicals Industry, however, reduction in customs duty

Chemicals: Import duty reduction on feedstock sought

Chemicals: Import duty reduction on feedstock sought

Rediff.com25 Feb 2015

Sustained growth only if domestic manufacturing rises