News for 'Department for Promotion of Industry'

Nitish distributes new departments, retains civil aviation

Nitish distributes new departments, retains civil aviation

Rediff.com13 Dec 2025

Bihar Chief Minister Nitish Kumar has allocated portfolios of newly created departments among ministers, keeping Civil Aviation with himself, an official notification said.

Budget 2026: The Industry Wishlist...

Budget 2026: The Industry Wishlist...

Rediff.com29 Jan 2026

Investors and startup executives are calling for extending the period for an entity to be recognised as a startup from 10 to 15 years for deep-tech companies.

ISRO Invites Indian Industry To Build Space Station

ISRO Invites Indian Industry To Build Space Station

Rediff.com19 Jan 2026

The Bharatiya Antariksh Station represents the next phase of India's human spaceflight ambitions, enabling long-duration presence in space, advanced microgravity research and technology development, and supporting future human exploration missions.

Kerala church, health body oppose bar hours extension

Kerala church, health body oppose bar hours extension

Rediff.com18 Feb 2026

The Malankara Orthodox Church opposes the Kerala government's decision to extend bar timings, fearing it will negatively impact the youth. The government defends the decision as a tourism-boosting measure already in place in tourist areas.

J-K plans 9 new tourist spots; sites shut after Pahalgam to reopen by May

J-K plans 9 new tourist spots; sites shut after Pahalgam to reopen by May

Rediff.com7 days ago

The Jammu and Kashmir government announces plans to introduce nine new tourist destinations and reopen sites closed after the Pahalgam terror attack, aiming to revive and expand the region's tourism sector.

Public Cloud Service Drives Oracle India's Double-Digit Run

Public Cloud Service Drives Oracle India's Double-Digit Run

Rediff.com18 Feb 2026

'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'

Tariffs cut, $30tn market: India, US unveil interim trade pact

Tariffs cut, $30tn market: India, US unveil interim trade pact

Rediff.com8 Feb 2026

The agreement addresses non-tariff barriers and promotes increased trade in technology products and cooperation between the two countries.

Budget 2026 boosts healthcare spend, drugs relief

Budget 2026 boosts healthcare spend, drugs relief

Rediff.com1 Feb 2026

The government on Sunday gave a strong push to upgradation and expansion of healthcare infrastructure, medical education and pharma sector with the Union Budget 2026-27 announcing a slew of steps, including those aimed at making India a global hub for allied healthcare professionals and biopharma manufacturing.

Tamil Nadu bets big on India's first full-stack sovereign AI park

Tamil Nadu bets big on India's first full-stack sovereign AI park

Rediff.com14 Jan 2026

The sovereign AI park will be a first-of-its-kind, purpose-built district in India, integrating AI compute infrastructure, secure data frameworks, model research labs, and AI innovation clusters, along with a dedicated institute for AI in governance.

How India Is Rewriting Its FTA Playbook

How India Is Rewriting Its FTA Playbook

Rediff.com28 Jan 2026

India has been on an FTA-signing spree of late. Since 2021, it has signed eight trade agreements, three of which -- with the UK, Oman and New Zealand -- were finalised in 2025 alone.

Govt notifies Rs 7,280-cr scheme to manufacture rare earth magnets in India

Govt notifies Rs 7,280-cr scheme to manufacture rare earth magnets in India

Rediff.com17 Dec 2025

The Centre has notified the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM) with an outlay of Rs 7,280 crore. The initiative is targeting to reduce dependence on China for critical inputs and secure supply chains for EVs, electronics, aerospace and green energy.

Will India continue to remain an attractive FDI destination in 2026?

Will India continue to remain an attractive FDI destination in 2026?

Rediff.com27 Dec 2025

FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.

Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

Rediff.com10 Jan 2026

India's third-largest telecom operator Vodafone Idea (Vi) has secured a 10-year breather on adjusted gross revenue (AGR) payments from the Department of Telecommunications (DoT). This is expected to ease pressure on its balance sheet and enable the company to raise bank debt for capital expenditure.

New GDP series to improve informal sector estimates

New GDP series to improve informal sector estimates

Rediff.com1 Jan 2026

India's new national accounts will leverage new data sources and surveys to enhance the measurement of the country's informal economy, and introduce double deflation methods across sectors, replacing the current system that relies on a single deflation mechanism in Gross Domestic Product (GDP) calculations.

Coming Soon! Prada's Made in India Kolhapuri Chappals

Coming Soon! Prada's Made in India Kolhapuri Chappals

Rediff.com13 Dec 2025

Prada's Kolhapuri chappals will debut globally in February across 40 Prada stores and on the brand's e-commerce platform.

US tariff shock to hit Bengal's labour-intensive industries

US tariff shock to hit Bengal's labour-intensive industries

Rediff.com27 Aug 2025

The additional 25 per cent tariff imposed by US President Donald Trump on India is set to deliver a major blow to West Bengal's export-driven economy, with the state's labour-intensive leather, engineering and marine sectors expecting losses ahead of the festive season, stakeholders said. The increased levies on Indian products for the country's purchases of Russian oil came into effect on Wednesday, bringing the total amount of tariff imposed on New Delhi to 50 per cent.

The Putin Visit: The US-Pakistan Connection

The Putin Visit: The US-Pakistan Connection

Rediff.com8 Dec 2025

Luckily for us, a Russia that is desperate to stay relevant in an emerging multipolar world finds in India a reliable geostrategic partner. The Russian proximity to India also keeps China from exploiting its economic dominance vis a vis Russia, points out Colonel Anil A Athale (retd).

Delhi blast: Agencies probe how terror module amassed tonnes of explosives

Delhi blast: Agencies probe how terror module amassed tonnes of explosives

Rediff.com11 Nov 2025

Security agencies are investigating how a terror module acquired and stored a large quantity of Ammonium Nitrate, suspected to be used in a recent deadly blast. The investigation focuses on the logistics and procurement network of the busted inter-state terror cell and highlights the ease with which restricted chemicals can be weaponized.

Will Xi Jinping's Enemies Stage A Coup?

Will Xi Jinping's Enemies Stage A Coup?

Rediff.com27 Nov 2025

If Xi Jinping is dethroned in the future, the instrument for that may well be embedded within the PLA, notes former foreign secretary Shyam Saran.

Govt Targets 100 Products For Aatmanirbhar Push

Govt Targets 100 Products For Aatmanirbhar Push

Rediff.com16 Sep 2025

'Our endeavour will be that we identify these products, put them in the public domain so that the manufacturers can look at them and give a boost to Make in India.'

'When An Influencer Promotes Everything...'

'When An Influencer Promotes Everything...'

Rediff.com18 Feb 2025

'All credibility is lost.'

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

India relationship...: What Rubio said after Jaishankar meet

India relationship...: What Rubio said after Jaishankar meet

Rediff.com23 Sep 2025

Rubio voiced "appreciation" for New Delhi's continued engagement on bilateral issues, including trade, defence and energy.

India Eyes Self-Reliance in Rare-Earth Magnet Production

India Eyes Self-Reliance in Rare-Earth Magnet Production

Rediff.com9 Oct 2025

The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.

Modi to inaugurate Navi Mumbai airport, Mumbai Metro Line on Wednesday

Modi to inaugurate Navi Mumbai airport, Mumbai Metro Line on Wednesday

Rediff.com7 Oct 2025

Prime Minister Narendra Modi inaugurates the Navi Mumbai International Airport and a portion of the Mumbai Metro Line, marking significant improvements to transportation infrastructure in Mumbai.

FinMin: 'Setbacks Make Us Stronger'

FinMin: 'Setbacks Make Us Stronger'

Rediff.com28 Aug 2025

'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'

States Seek Centre's Help To Deal With Trump's Tariffs

States Seek Centre's Help To Deal With Trump's Tariffs

Rediff.com2 Sep 2025

State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.

Electronics to chemicals: Govt identifies critical sectors to boost FDI

Electronics to chemicals: Govt identifies critical sectors to boost FDI

Rediff.com4 Aug 2025

The government has identified critical sectors, including electronics, chemicals, leather and footwear, and toys, where value chains can be strengthened to facilitate and drive foreign direct investment (FDI) into the country. Invest India, the investment promotion and facilitating agency under the Department for Promotion of Industry and Internal Trade (DPIIT), has been actively identifying key value chains to focus on.

Pre-tariff rush to US lifts exports by 7% in July

Pre-tariff rush to US lifts exports by 7% in July

Rediff.com15 Aug 2025

India's goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country's reciprocal tariff kicked in and bolstered by a recovery in exports to other key markets.

'Where There Is So Much Infrastructure Creation, There Will Be Debt'

'Where There Is So Much Infrastructure Creation, There Will Be Debt'

Rediff.com26 Aug 2025

'We have created massive infrastructure in the past six years.'

Govt moves to ease business rules, tables Jan Vishwas Bill in LS

Govt moves to ease business rules, tables Jan Vishwas Bill in LS

Rediff.com18 Aug 2025

The Jan Vishwas (Amendment of Provisions) Bill 2025, aimed at decriminalizing minor offenses to promote ease of living and business, was introduced in the Lok Sabha and referred to a Select Committee.

RMG Ban Will Be Clear Only When Rules Are Issued

RMG Ban Will Be Clear Only When Rules Are Issued

Rediff.com30 Aug 2025

'Money moves in a web of transactions and payment addresses keep changing for offshore companies, which requires heightened monitoring measures.'

Amitabh Kant resigns as G20 Sherpa, to begin new chapter

Amitabh Kant resigns as G20 Sherpa, to begin new chapter

Rediff.com16 Jun 2025

Kant, a retired 1980-batch Indian Administrative Service (IAS) officer of Kerala cadre, was appointed as India's G20 Sherpa in July 2022, months before India assumed the G20 Presidency.

Pharma Inc hopes for fair deal as Donald Trump announces 25% tariffs

Pharma Inc hopes for fair deal as Donald Trump announces 25% tariffs

Rediff.com31 Jul 2025

India's pharmaceuticals and medical devices industries are still hopeful that trade negotiations with the US could cut a fairer deal for both sides, after President Donald Trump announced a 25 per cent tariff rate on India on a social networking platform without divulging the finer details.

Space Industry Thrilled With FM Plans

Space Industry Thrilled With FM Plans

Rediff.com1 Feb 2025

'The scrapping of import duty would help Indian companies compete in international markets, thus paving the way for India becoming a space manufacturing hub for the world.'

Maha Guv CP Radhakrishnan named NDA's Vice-Presidential candidate

Maha Guv CP Radhakrishnan named NDA's Vice-Presidential candidate

Rediff.com17 Aug 2025

The National Democratic Alliance (NDA) has nominated Maharashta Governor Chandrapuram Ponnusamy Radhakrishnan as their candidate for Vice-President of India. The announcement was made by BJP President J P Nadda, highlighting Radhakrishnan's extensive public service and cross-party respect.

Rs 23K crore electronics PLI scheme set to be rolled out in 3 weeks

Rs 23K crore electronics PLI scheme set to be rolled out in 3 weeks

Rediff.com9 Apr 2025

The government on Tuesday notified the Rs 22,919 crore scheme to promote domestic manufacturing of electronics components, display and camera modules, non-surface mount devices, multi-layer printed circuit boards and lithium-ion cells for digital applications, among others. The scheme is likely to be operationalised in the next 2-3 weeks.

'God Save Insurance Industry'

'God Save Insurance Industry'

Rediff.com9 Dec 2024

'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'

How India plans to tackle possible import surge from China, others

How India plans to tackle possible import surge from China, others

Rediff.com7 Apr 2025

The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.

Vijay's Political Challenge Begins Now

Vijay's Political Challenge Begins Now

Rediff.com22 Aug 2025

Vijay, with his chief ministerial ambitions, is a one-man army, at least as of now, and his campaign team considers him omnipresent. He has to be present in all districts, if not all constituencies at the same time, as there is no second-line leader or platform speaker in the party, who can draw crowds, points out N Sathiya Moorthy.