News for 'Development Prospects Group'

How BRICS Is Expanded Is Crucial

How BRICS Is Expanded Is Crucial

Rediff.com25 Jun 2022

With its political colour dominated by less than democratic trends, BRICS currently leaves some of us wondering -- where in this grouping is there an assurance that human freedom will be respected unconditionally? It would be nice to see the new members of BRICS drawn from the ranks of countries wedded to preserving and guarding human freedom, observes Shyam G Menon.

Residential builders stare at a bleak year

Residential builders stare at a bleak year

Rediff.com9 Apr 2020

CREDAI-MCHI, a body of developers in Mumbai, has pegged the drop in sales booking at around 80 per cent in the February-March period this year. This is the second highest fall in residential sales in the past five years, after Q1, 2017, when the decline, due to the note ban, was 37 per cent.

'I have raised Rs 90,000 crore'

'I have raised Rs 90,000 crore'

Rediff.com28 Dec 2021

'The ship has been stabilised.' 'For the last 6-7 quarters, profitability is stable around Rs 250-Rs 300 crore.'

Centre's Taliban Response Puts UP BJP in A Fix

Centre's Taliban Response Puts UP BJP in A Fix

Rediff.com14 Sep 2021

The pressure on Delhi mellowed Lucknow's ruling dispensation's initial enthusiasm to try and draw electoral mileage from the developments in Afghanistan.

Fear of Pandemic, Xi and Putin unite G7

Fear of Pandemic, Xi and Putin unite G7

Rediff.com14 Jun 2021

As President Biden moves ahead with a new 'strategic concept' for China and Russia, the going is bound to get rough for the US and its G7 partners, notes Ambassador T P Sreenivasan.

India again ready to press accelerator against Scotland

India again ready to press accelerator against Scotland

Rediff.com4 Nov 2021

Their fate still not in their own hands, India will again go for broke when they resume their battle for survival in the T20 World Cup in another must-win contest, against Scotland, in Dubai on Friday.

Quad summit went very well, says US President Biden

Quad summit went very well, says US President Biden

Rediff.com15 Mar 2021

Biden on Friday opened the first Quad Leaders' Summit held virtually and attended by Prime Minister Modi, Australian Prime Minister Scott Morrison and Japanese Prime Minister Yoshihide Suga.

Despite govt's relief package, questions remain over Voda Idea's survival

Despite govt's relief package, questions remain over Voda Idea's survival

Rediff.com4 Oct 2021

The question mark over Vodafone Idea's survival is gone after the government's telecom package, managing director and chief executive officer Ravinder Takkar said in an interaction recently. The extended moratorium for spectrum payments and adjusted gross revenue (AGR) dues has indeed ensured that Vodafone Idea survives, at least for the time being, but questions remain. Answers to those questions may determine the future of Vodafone Idea and its power to stay in a difficult telecom market in the coming years.

AAP follows 'true Hindutva', it unites: Kejriwal

AAP follows 'true Hindutva', it unites: Kejriwal

Rediff.com11 Nov 2021

Dividing people in the name of religion, engineering riots and committing atrocities on Dalits is not Hindutva but to unite one human being with another is, he said in a veiled attack on the Bharatiya Janata Party while replying to a question at a summit organised by news channel Times Now.

Kashmir Politics Stands Bereft Of Its Propellers

Kashmir Politics Stands Bereft Of Its Propellers

Rediff.com5 Aug 2022

At the moment, there appears to be no alternative political narrative to the one lying buried under the debris of havoc caused on this front by the fallout of 'August 5, 2019', asserts Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.

F1 cancels August break, 21 day shutdown in March-April

F1 cancels August break, 21 day shutdown in March-April

Rediff.com18 Mar 2020

Formula One's August shutdown will be brought forward and extended to a mandatory 21 successive days in March and April as a result of the coronavirus outbreak, the governing body FIA said on Wednesday. The 2020 race calendar has already been suspended, with last weekend's Australian season opener in Melbourne cancelled and the next three races at least postponed. The sport hopes to race again at the end of May.

'Dilliwallah is all heart and some jugaad'

'Dilliwallah is all heart and some jugaad'

Rediff.com6 Jan 2022

Simran Dhir talks about Delhi, Indian parents and the inspiration behind her debut novel Best Intentions.

India's Russian revolution: Why refiners are buying more Russian crude

India's Russian revolution: Why refiners are buying more Russian crude

Rediff.com10 Jun 2022

India may see a structural shift in supplies of crude oil with Russia emerging as a key source of fuels, a development that reduces New Delhi's dependence on West Asian oil, gives Indian refiners better bargaining power with price-setter Saudi Arabia, and improves overall energy security. The unexpected surge in supplies of Russian crude in the last few months, unthinkable until the war in Ukraine, may also deliver other unforeseen gains such as boosting exports of refined fuels to Europe, which historically has counted on Russian shipments. India has jumped on to the bandwagon of opportunistic buying of Russian crude but if calibrated carefully, Urals crude can be a long-term asset for India refiners.

Govt plans to give 23 Rail stations a makeover

Govt plans to give 23 Rail stations a makeover

Rediff.com27 Dec 2017

Fifteen stations might be taken up in the first stage with an investment of Rs 6,000-7,000 crore.

Jaishankar unveils 8 principles to repair 'profoundly disturbed' India-China ties

Jaishankar unveils 8 principles to repair 'profoundly disturbed' India-China ties

Rediff.com28 Jan 2021

With regard to where relations between New Delhi and Beijing stand, the Union minister said that he does not have a definite answer to offer at "this moment".

No personal guarantee given to Chinese banks: Anil Ambani

No personal guarantee given to Chinese banks: Anil Ambani

Rediff.com23 Jun 2020

He, however, seemed to indicate that he did give a personal guarantee to India's largest lender SBI, which has moved the NCLT to recover Rs 1,200 crore.

Will Repeal of Farm Laws Win UP For BJP?

Will Repeal of Farm Laws Win UP For BJP?

Rediff.com30 Nov 2021

Western UP contributes nearly 70 seats to the 402-member UP assembly. In 2017, the BJP had swept the region. Every pre-2022 poll survey had suggested the party would face its biggest attrition from this region because of the farmers' groups.

Taliban Will Be Around For A Long While

Taliban Will Be Around For A Long While

Rediff.com15 Sep 2021

Unless the Taliban goofs up in a big way, which seems highly unlikely, we are looking at a regime that will be around for quite a long while and present a level of governance that the puppets of the richest and most advanced countries failed to provide, predicts Ambassador M K Bhadrakumar.

'India needs to do much more in Afghanistan'

'India needs to do much more in Afghanistan'

Rediff.com11 Nov 2021

'The threat of ceding space to China in Afghanistan appears to be one factor propelling our government to get a bit more active now.'

10 Tips to SUCCEED in the Gig Economy

10 Tips to SUCCEED in the Gig Economy

Rediff.com11 Aug 2021

You have to make yourself visible and create opportunities for yourself, advises Gaurav Goyal, co-founder, Scalenut.

TMC MP snatches IT minister's statement on Pegasus, tears it

TMC MP snatches IT minister's statement on Pegasus, tears it

Rediff.com23 Jul 2021

TMC and other opposition party members rushed into the well of the House as Vaishnaw was called to make a statement over the issue.

Vaccines: Look to Russia, not US!

Vaccines: Look to Russia, not US!

Rediff.com3 Jun 2021

An alert government in Delhi should have begun government-to-government discussions with Moscow the moment it came to know that Russians were developing a vaccine. That is to say, almost an year's time has been lost, observes Ambassador M K Bhadrakumar.

10 tips to get your dream job in 2021

10 tips to get your dream job in 2021

Rediff.com21 Jan 2021

Aditya Bafna, second-generation entrepreneur, tells you how to make yourself eligible for your dream role.

Death of a Salesman Revisited

Death of a Salesman Revisited

Rediff.com11 Aug 2021

...Are algos taking over from 'shoeshine and a smile', asks Ajit Balakrishnan.

'New land acquisition bill investor-friendly'

'New land acquisition bill investor-friendly'

Rediff.com24 Sep 2012

Ahead of a meeting of Group of Ministers, the rural development ministry sought to allay apprehensions of industries and infrastructure sectors over the controversial land acquisition bill, contending that the amendments in the legislation are investor-friendly.

How was private entity given mandate to maintain Red Fort, asks Congress

How was private entity given mandate to maintain Red Fort, asks Congress

Rediff.com28 Apr 2018

The Dalimia Bharat group, under the memorandum of understanding, would maintain the monument and build basic infrastructure around it and has committed a sum of Rs 25 crore for the purpose over a period spanning five years.

Parl panel plans to summon FB amid reports alleging bias towards BJP

Parl panel plans to summon FB amid reports alleging bias towards BJP

Rediff.com17 Aug 2020

After a report mentioned that Facebook overlooked its hate speech policies in cases of BJP MLA T Raja Singh and 3 others, Shashi Tharoor, chairperson of Parliamentary Standing Committee on IT, said the committee 'would certainly wish to hear from Facebook'.

India in sweet spot as commodity prices are on uptick

India in sweet spot as commodity prices are on uptick

Rediff.com26 Jan 2021

The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.

Bad Bank. Good Intention. Bad Lending

Bad Bank. Good Intention. Bad Lending

Rediff.com9 Nov 2021

Rogue lending under political influence was rife in the Congress-led regime and is not happening in the Modi regime, certainly not on that scale. But if PSBs cannot lend as indiscriminately as they did last time in the name of 'credit expansion', how well will these banks do, asks Debashis Basu.

GDP: India and China to surpass G7 nations by 2025

GDP: India and China to surpass G7 nations by 2025

Rediff.com19 Nov 2012

While China's economy may very well outrace the combined euro zone by the end of this year, India is likely to jump over Japan's economy, according to a latest report by the Organization for Economic Cooperation and Development (OECD).

Reliance Retail raises Rs 7,350 crore from 2 investors

Reliance Retail raises Rs 7,350 crore from 2 investors

Rediff.com3 Oct 2020

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced to raise Rs 7,350 crore from two investors -- Singapore's sovereign wealth fund GIC and Global alternative asset firm TPG -- by selling a stake in group's retail arm.

Only 19% of employers plan to hire in next Q, 52% see no change

Only 19% of employers plan to hire in next Q, 52% see no change

Rediff.com10 Sep 2019

According to the ManpowerGroup Employment Outlook survey released on Tuesday, that covered 5,131 employers across India, a net 19 per cent of employers are anticipating an actual rise in their staffing numbers, while 52 per cent expect no change and 28 per cent are not sure about adding to their existing staff strength.

2 Years On: Uncertainty Over the Valley

2 Years On: Uncertainty Over the Valley

Rediff.com5 Aug 2021

The political script for pre-2019 politics has gone with the wind and the writers of the new script seem in no great hurry to oblige the tormented, observes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.

Kolkata's Taj Gateway Hotel fails to repay loans; lands at NCLT

Kolkata's Taj Gateway Hotel fails to repay loans; lands at NCLT

Rediff.com12 Apr 2018

Rooms at this Kolkata hotel are priced between Rs 7,000-8,000 per night. Gateway is a full-service upscale hospitality brand under the Taj Group of Hotels.

Covid impact: Economy unlikely to see double-digit growth in FY22

Covid impact: Economy unlikely to see double-digit growth in FY22

Rediff.com1 Jun 2021

India's economy is unlikely to see double-digit growth and may grow between 8 per cent and 9 per cent this fiscal year (2021-22, or FY22), against the estimated 11.5 per cent, according to leading economists and rating agencies. The downward revision of growth projections to as low as 10 per cent is mostly on account of stringency in restrictions by states, relatively slow vaccination pace, and the possibility of a third wave of the pandemic. However, they say the impact will not be as severe as the first wave, and expect the first quarter to see positive growth.

Taj Palace lease renewal plot thickens

Taj Palace lease renewal plot thickens

Rediff.com20 Jul 2012

The lease term of the Taj Palace Hotel, owned by the Indian Hotels Company, will expire on April 1, 2013, and it must settle a dispute with the Delhi Development Authority over the quantum of licence fee for a smooth renewal.

Cash discount catches fancy of home buyers

Cash discount catches fancy of home buyers

Rediff.com4 Sep 2009

Since September-October last year, when the real estate market was in deep recession, several developers had started offering gifts like a car or a parking space with flats. For example, Kolkata-based real estate developer RDB Group had decided to give a Nano car with flats at its residential project in Sonarpur, South 24-Parganas.

Ladakh Standoff: Return To Status Quo Unlikely, But...

Ladakh Standoff: Return To Status Quo Unlikely, But...

Rediff.com17 Jan 2022

Through the past 18-month period, peace has prevailed in the disputed border regions, which was immensely helpful in the difficult situation that the country was passing through, observes Ambassador M K Bhadrakumar.

Why Videocon is staring at liquidation

Why Videocon is staring at liquidation

Rediff.com10 Aug 2020

Before the pandemic hit the world and led to shutdowns, the company had received nearly half a dozen offers. But bidders are now withdrawing. They want to reassess the situation. They want to conserve cash and avoid acquisition.

'The ground is shifting in UP'

'The ground is shifting in UP'

Rediff.com21 Jan 2022

'Outside the core voter base of upper caste Hindus, there is a large section unhappy with the performance of the BJP.'