News for 'China Scheme'

EV launches, Chinese models... What Auto Expo Has In Store

EV launches, Chinese models... What Auto Expo Has In Store

Rediff.com17 Jan 2025

For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.

Beware! Markets Headed For Downturn

Beware! Markets Headed For Downturn

Rediff.com26 Nov 2024

Trumponomics, poor growth, and high valuation certainly don't make a bullish recipe for Indian markets, warns Debashis Basu.

Govt warns against new scam targeting potential investors

Govt warns against new scam targeting potential investors

Rediff.com2 Jan 2025

A new cyber fraud known as 'pig butchering scam' or 'investment scam' has emerged, targeting unemployed youths, housewives, students, and needy people who are made to lose large sums of money daily, according to the latest annual report of the Union home ministry.

Trump 2.0: Will Bulls Run Amok?

Trump 2.0: Will Bulls Run Amok?

Rediff.com8 Nov 2024

'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'

Novelis expects improved outlook in near term, Q4FY25 to outperform Q3

Novelis expects improved outlook in near term, Q4FY25 to outperform Q3

Rediff.com25 Feb 2025

Novelis' Q3FY25 volume stood at 904,000 tonnes (down 1 per cent Y-o-Y, down 4 per cent Q-o-Q), due to lower VAP and automotive shipments. Revenue stood at $4.1 billion (+4 per cent Y-o-Y, down 5 per cent Q-o-Q).

'30-40% Of H-1B Visas Cornered By Staffing Companies'

'30-40% Of H-1B Visas Cornered By Staffing Companies'

Rediff.com20 Jan 2025

'If the Trump administration decides to put guardrails on H-1B visas, that will surely impact both US and Indian firms.'

The dark side of duty cut on smartphone parts

The dark side of duty cut on smartphone parts

Rediff.com7 Jan 2025

Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching $49.2 billion and exports at $15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds.

Tributes pour in for Dr Singh from across the globe

Tributes pour in for Dr Singh from across the globe

Rediff.com27 Dec 2024

Condolences have poured in from across the globe, including from the United States, Canada and Sri Lanka following the demise of former Prime Minister Manmohan Singh.

10 Stocks That Soared While Market Sank

10 Stocks That Soared While Market Sank

Rediff.com24 Mar 2025

The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.

Time To Avoid Stock Markets?

Time To Avoid Stock Markets?

Rediff.com9 Oct 2024

The narrative on China is changing post the recent stimulus measures, and it will be hard for global investors to ignore the Chinese markets.

'Next 2-3 Months Crucial For Equities'

'Next 2-3 Months Crucial For Equities'

Rediff.com17 Dec 2024

'Geopolitics will be the most important driver of financial markets in 2025.'

Apple's vendors create 30,000 new jobs under PLI scheme

Apple's vendors create 30,000 new jobs under PLI scheme

Rediff.com29 Jul 2022

Apple's three vendors in the country have hit the milestone of creating 30,000 new direct jobs since the production-linked incentive (PLI) scheme for mobile devices kicked off in April 2021. Based on the government's estimate that one direct job in the electronics industry helps to generate three indirect ones, Apple's vendors, Foxconn Hon Hai, Wistron and Pegatron, are close to creating 100,000 direct and indirect jobs. The direct jobs that the vendors have created account for a fourth of Apple's commitment to generate 60 per cent of the new direct jobs out of the 200,000 jobs targeted by the government under the PLI scheme within five years.

Smartphones, India's 4th Largest Exports!

Smartphones, India's 4th Largest Exports!

Rediff.com23 May 2024

Smartphones have been a key success story of the government's production-linked incentive scheme, helping India become the second-largest mobile phone manufacturing country, after China.

Power utilities likely to see moderate growth in Q3 earnings

Power utilities likely to see moderate growth in Q3 earnings

Rediff.com22 Jan 2025

Power utilities may report moderate growth in earnings for Q3FY25. Generation is up 3 per cent year-on-year (Y-o-Y) in Q3 on lower cooling demand and high base, to 429 billion units (BU). Peak demand was steady at 224 Gw in Q3FY25, a 10 per cent decline from the record highs of 250 Gw in May 2024.

Why And How To Invest In Gold

Why And How To Invest In Gold

Rediff.com2 Jan 2025

Apart from the emotional value attached to buying gold, the yellow metal offers protection against inflation, interest rate spikes, currency and geopolitical risks, says Anamika Pareek.

'India's Growth Is In Serious Trouble'

'India's Growth Is In Serious Trouble'

Rediff.com13 Feb 2025

'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'

Canada's move on visa program to hit Indian students

Canada's move on visa program to hit Indian students

Rediff.com9 Nov 2024

The processing time for students applying under the Student Direct Stream (SDS) was significantly shorter and approval rates higher, something that will change after Canada ended the scheme on Friday.

Focus On 26 EV Launches, Charging Infra At Auto Expo

Focus On 26 EV Launches, Charging Infra At Auto Expo

Rediff.com4 Feb 2025

With nearly 100 launches and unveils, the Bharat Mobility Global Expo 2025, held in Delhi from January 17 to 22, made one thing clear to automobile enthusiasts: Electric vehicles (EVs) are the way ahead for the Indian auto market for years to come.

Lack of charging infra a shock for booming EV market

Lack of charging infra a shock for booming EV market

Rediff.com11 Feb 2025

Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.

Pricing weakness likely to weigh on Indian steel companies' stocks

Pricing weakness likely to weigh on Indian steel companies' stocks

Rediff.com6 Sep 2024

Steel companies are witnessing margin pressures in Q2FY25 and this may persist until China sees growth recovery.

Mobile phone makers want relaxation under PLI scheme

Mobile phone makers want relaxation under PLI scheme

Rediff.com5 Apr 2021

In a communication to the empowered committee on PLI recently, the Indian Cellular & Electronics Association (ICEA) has stated that except one player (Samsung), all the other eight players (which include vendors of Apple Inc) selected under the scheme were facing numerous challenges in fulfilling the qualification criteria.

PVR Inox shares hit 44-month low; stock has tanked 23% from December high

PVR Inox shares hit 44-month low; stock has tanked 23% from December high

Rediff.com8 Jan 2025

PVR Inox shares hit a 44-month low of Rs 1,154, declining 8 per cent on the BSE in Tuesday's intra-day trade in an otherwise firm market, driven by growth concerns. The stock has slipped 23 per cent from its December high of Rs 1,620, touched on December 5, 2024. It has fallen below its previous low of Rs 1,203.7 from June 4, 2024, and is trading at its lowest level since May 2021.

JSW MG surges in sales: Is this the disruption electric car market needs?

JSW MG surges in sales: Is this the disruption electric car market needs?

Rediff.com30 Nov 2024

In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).

'Avoid Panic Selling. Nifty To Hit 29,263'

'Avoid Panic Selling. Nifty To Hit 29,263'

Rediff.com21 Jan 2025

'Market corrections are a natural part of investing, so it's essential to remain focused on long-term financial goals.'

Forget about AI, talk only about...: Owaisi amid Ajmer Sharif row

Forget about AI, talk only about...: Owaisi amid Ajmer Sharif row

Rediff.com2 Dec 2024

Owaisi criticized the court-ordered survey of a Mughal-era mosque in Sambhal, Uttar Pradesh, saying it weakens India and distracts from real issues like inflation and unemployment.

India-made chips may soon power iPhones

India-made chips may soon power iPhones

Rediff.com26 Apr 2024

Micron Technology, a global leader in memory and storage, is considering supplying Made-in-India chips from its Gujarat plant to one of its key global clients, Apple, whose vendors assemble iPhones in the country. Micron is setting up an assembly test marking and packaging (ATMP) plant in Sanand, Gujarat. Currently, Apple vendors import chips for manufacturing iPhones. Sources in the know say the aim is to use part of the production to supply to Micron's clients in India directly.

How India Can Rival China As Production Platform

How India Can Rival China As Production Platform

Rediff.com28 Jul 2023

We have the workforce, now we need to ensure that we take full advantage of game-changing technologies and geopolitical openings, suggests Jayant Sinha, chairman, Parliament's Standing Committee on Finance.

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.

Right Time To Invest In Silver ETFs?

Right Time To Invest In Silver ETFs?

Rediff.com29 Oct 2024

Invest with a 5 to 7 year horizon so that you are able to ride out price volatility and benefit from the long-term trends of demand and macroeconomic shifts.

Rupee Declines. Add Gold To Portfolio

Rupee Declines. Add Gold To Portfolio

Rediff.com4 Dec 2024

New investors should gradually build a 5 to 10 per cent allocation to gold.

FDI inflows in India cross $1 trillion

FDI inflows in India cross $1 trillion

Rediff.com8 Dec 2024

Foreign direct investment (FDI) inflows into India have crossed the $1 trillion milestone in the April 2000-September 2024 period, firmly establishing the country's reputation as a safe and key investment destination globally. According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), the cumulative amount of FDI, including equity, reinvested earnings and other capital, stood at $1,033.40 billion during the said period.

CDS Is A China Specialist

CDS Is A China Specialist

Rediff.com19 Oct 2022

In an army that favours officers who have spent the bulk of their service years doing counter-insurgency operations in Jammu and Kashmir, General Anil Chauhan is that rarity: A China specialist who has logged plenty of service years along the Line of Actual Control and the McMahon Line with China.

RBI, Always Watchful, Always Vigilant

RBI, Always Watchful, Always Vigilant

Rediff.com2 Jan 2025

The RBI has changed the way it approached supervision in the past. Having seen a couple of collapses in the NBFC sector and the near-collapse of a few banks, it is focusing on regular drills to prevent a fire from breaking out, explains Tamal Bandyopadhyay.

Correction in steel stocks could be a buying opportunity

Correction in steel stocks could be a buying opportunity

Rediff.com28 Sep 2024

India's steel market is out of step with global trends. Global demand is weak with China at a huge supply surplus to its domestic demand, pushing down global steel prices. India's domestic demand for steel is strong, given the continuing infrastructure push and is likely to accelerate as urbanisation improves, and the auto sector continues to grow alongside the infrastructure push.

Paralympics: Preeti does a double, bags bronze in 200m T35 event

Paralympics: Preeti does a double, bags bronze in 200m T35 event

Rediff.com2 Sep 2024

This is her second medal of Paris Paralympics and India's sixth medal in total.

'Nifty Pullback Needs To Be Taken In Stride'

'Nifty Pullback Needs To Be Taken In Stride'

Rediff.com22 Oct 2024

'The biggest near-term risk to Indian equities is the outflow of investments to China as tactical trades by foreign investors.'

China slams Taiwan for signing Queen's condolence book

China slams Taiwan for signing Queen's condolence book

Rediff.com19 Sep 2022

China on Monday termed as "disgraceful" the British government's permission for a Taiwan representative in the UK to sign the condolence book of Queen Elizabeth II, who passed away on September 8.

As steel stocks falter, a silver lining for investors

As steel stocks falter, a silver lining for investors

Rediff.com28 Aug 2024

Stocks of Indian steel companies are reeling from pricing pressure that is partly blamed on cheap imports. The stocks have declined up to 9 per cent on the NSE in one month, likely allowing investors an opportunity to use the correction to enter the pack as pricing pressure eases. "In steel or any other commodity, if prices or spreads are nearing their bottom, it can be an opportune time to invest in those stocks.

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.

Samvat 2081: Will Gold, Silver Sparkle?

Samvat 2081: Will Gold, Silver Sparkle?

Rediff.com25 Oct 2024

'Higher interest rates make gold less attractive as it doesn't generate yield.' 'However, with rates set to fall, the tables are turning for gold.'