News for 'Development Prospects Group'

What does 5G spectrum auction delay mean for India?

What does 5G spectrum auction delay mean for India?

Rediff.com29 Nov 2021

Discussing the prospect of more reform earlier this month, telecom minister Ashwini Vaishnaw announced a delay in the 5G spectrum auction. India's telecom sector regulation has to be benchmarked with the global best, he said. It's another matter that many countries have either introduced or are about to roll out 5G services that will enable cutting-edge tech in diverse areas. For India, too, it will mean a lot for healthcare, robotics and unleashing a new chapter in Digital India perhaps.

NCLT grants 90-day extension to Jet

NCLT grants 90-day extension to Jet

Rediff.com19 Mar 2020

This is an exceptional case of extension beyond the 330-day limit under the insolvency and bankruptcy code.

10 years later, Mamata discovers different Nandigram

10 years later, Mamata discovers different Nandigram

Rediff.com2 May 2021

She faced off against former disciple-turned-defector Suvendu Adhikari in a very different contest. It's not land acquisition, but an ego clash that has acquired, tragically, communal overtones, explains Kanika Datta.

'Politics in Assam is quite polarised'

'Politics in Assam is quite polarised'

Rediff.com17 Mar 2021

'The message has gone loud and clear (among the people of Assam) that the BJP is only interested in polarising (the country) and they are basically interested in (capturing votes in) the Hindi heartland and they don't bother much about rest of India.'

IMF makes it official: World has entered recession

IMF makes it official: World has entered recession

Rediff.com28 Mar 2020

The world is in the face of a devastating impact due to the coronavirus pandemic and has clearly entered a recession, the International Monetary Fund said on Friday, but projected a recovery next year. "We have reassessed the prospects for growth for 2020 and 2021. It is now clear that we have entered a recession as bad or worse than in 2009. We do project recovery in 2021," IMF Managing Director Kristalina Georgieva told reporters at a news conference.

575,000 homebuyers waiting for Amrapali-like verdict: Anarock

575,000 homebuyers waiting for Amrapali-like verdict: Anarock

Rediff.com25 Jul 2019

Mumbai metropolitan region, comprising Mumbai city, Navi Mumbai and Thane, leads the pack (in delayed projects) with 210,000 units at an approximate valuation of Rs 2.34 trillion.

SAARC has 'survived' not 'triumphed': Sharif

SAARC has 'survived' not 'triumphed': Sharif

Rediff.com8 Dec 2016

The South Asian Association for Regional Cooperation has "survived" but not "triumphed" as had been envisaged, Pakistan Prime Minister Nawaz Sharif on Thursday said while lamenting the postponement of the eight-member grouping's Islamabad summit.

No tax relief for these home buyers

No tax relief for these home buyers

Rediff.com3 Feb 2020

There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.

Why Germany's exit won't affect England...

Why Germany's exit won't affect England...

Rediff.com28 Jun 2018

Germany's exit has no bearing on England preparations for the World Cup latter stages and they will be going all out to win their final Group G match against Belgium, coach Gareth Southgate said on Wednesday.

Domestic firms eye defence sector; plan to cut imports

Domestic firms eye defence sector; plan to cut imports

Rediff.com20 Feb 2020

The ministry of defence has set a goal of $26 billion, including export of $7 billion for the industry by 2025-26 through its Defence Production Policy 2018.

Jolt for Subrata Roy, as Aamby Valley goes under the hammer

Jolt for Subrata Roy, as Aamby Valley goes under the hammer

Rediff.com14 Aug 2017

The liquidator said the properties are being sold under two distinct phases over a period of two days

Ahead of polls, TN grants 10.5% quota for Vanniyars

Ahead of polls, TN grants 10.5% quota for Vanniyars

Rediff.com26 Feb 2021

The Tamil Nadu Assembly on Friday passed a bill providing internal reservation of 10.5 per cent for Vanniyars, a most backward community in government jobs and in admission to educational institutions.

Why include only India in NSG and not us, asks Pak

Why include only India in NSG and not us, asks Pak

Rediff.com22 Jun 2016

On the eve of the crucial Nuclear Suppliers Group meeting in Seoul over India and Pakistan's membership in the elite group, Pakistan's former permanent representative at the United Nations in Geneva Zamir Akram has said that Islamabad was only opposed to the "exclusive membership" of India.

WhatsAppgate: Foreign lobbies involved, believes govt

WhatsAppgate: Foreign lobbies involved, believes govt

Rediff.com4 Nov 2019

Home ministry sources say there are fears that international lobbies might have been involved in spying, to create a narrative around Indian governance as well as the economy.

Delaying action on climate change will hurt growth: Global CEOs

Delaying action on climate change will hurt growth: Global CEOs

Rediff.com23 Nov 2015

Delaying action on climate change will hurt growth: Global CEOs.

Modi 2.0 and the SCO Summit

Modi 2.0 and the SCO Summit

Rediff.com12 Jun 2019

The Shanghai Cooperation Organisation is very much aligned with the foreign policy priorities of the Modi 2.0 government, says Sana Hashmi.

'People of Kerala can't be HOODWINKED'

'People of Kerala can't be HOODWINKED'

Rediff.com25 Mar 2021

'Whatever the BJP tries to do, they will not be able to make a big mark in Kerala.'

US will surely understand: Jaishankar on S-400 deal

US will surely understand: Jaishankar on S-400 deal

Rediff.com2 Oct 2019

"It would be my hope that people understand why this particular transaction is important for us," the EAM said in Washington, DC.

Govt sets October deadline for sale of Air India

Govt sets October deadline for sale of Air India

Rediff.com8 Jul 2019

Sources in the know said the government would initiate talks with businesses, including Tatas, shortly for divesting its stake in the national carrier.

How F C Kohli and TCS conquered the world

How F C Kohli and TCS conquered the world

Rediff.com7 Dec 2020

Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.

'India-China relationship is at a crossroads'

'India-China relationship is at a crossroads'

Rediff.com28 Jan 2021

'The events of 2020 have actually put our relationship under exceptional stress.' What External Affairs Minister Dr Subrahmanyam Jaishankar told the All India Conference of China Studies on Thursday, January 28, 2021.

Volatility? Don't be scared, says Rajan

Volatility? Don't be scared, says Rajan

Rediff.com4 Sep 2015

IMF chief said the G20 leaders need to respond to the calls for creating jobs.

India's GDP may contract by 7.3% if COVID strikes again

India's GDP may contract by 7.3% if COVID strikes again

Rediff.com11 Jun 2020

However, the growth during the next financial year would be higher at 8.1 per cent in case of a second wave of the coronavirus and bit slower at 7.9 per cent if the virus recedes and remains under control.

'India's divider in chief': PM on Time magazine cover

'India's divider in chief': PM on Time magazine cover

Rediff.com10 May 2019

The article also said that the opposition Congress party has little to offer other than the dynastic principle.

Can't live under Taliban: Afghan students in India

Can't live under Taliban: Afghan students in India

Rediff.com18 Aug 2021

The Taliban have been known for using violence to force the people to accept their agenda and views, he added.

Fiscal impact of stimulus to be around 0.25-0.6% of GDP in FY21: Experts

Fiscal impact of stimulus to be around 0.25-0.6% of GDP in FY21: Experts

Rediff.com12 Nov 2020

Welcoming the latest round of stimulus announced by Finance Minister Nirmala Sitharaman on Thursday, experts said the measures will support the economic recovery boosting demand, job creation and by providing funds to the MSME and stressed sectors. The fiscal impact of the stimulus is likely to be around 0.25-0.6 per cent of GDP in the current fiscal, they said.

Xi's mega projects: Should India worry?

Xi's mega projects: Should India worry?

Rediff.com14 Jan 2021

After the Ladakh fiasco where Xi Jinping did not expect the Indian Army to resist his land-grabbing tactics, he has to save face before his colleagues in the Communist party.' To bring the threat of a mega-dam to the northern Indian border is a clever move, observes Claude Arpi.

India may overtake China, emerging economies, says World Bank

India may overtake China, emerging economies, says World Bank

Rediff.com11 Jun 2015

Indian economy is expected to grow at over 7.5 per cent, to overtake China.

G20 must focus on infrastructure, jobs to boost growth: PM

G20 must focus on infrastructure, jobs to boost growth: PM

Rediff.com4 Sep 2013

Amid imminent phasing out of the fiscal stimulus by US Federal Reserve, Prime Minister Manmohan Singh on Wednesday called for an "orderly exit" from unconventional monetary policies being pursued by the developed world for the last few years to avoid damaging growth prospects of the developing world.

India's economic growth likely to be 'below trend': OECD

India's economic growth likely to be 'below trend': OECD

Rediff.com10 Feb 2014

Indian economy's growth is expected to be "below trend" even as neighbouring China and most of the developed nations are expected to see better prospects, according to Paris-based think tank OECD.

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Aditya Birla, US firm Vrde Partners in $1-billion JV for stressed assets

Rediff.com30 Aug 2018

Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years

ICMR revises advisory on use of hydroxychloroquine

ICMR revises advisory on use of hydroxychloroquine

Rediff.com23 May 2020

Three new categories -- all asymptomatic healthcare workers working in non-COVID hospitals/areas of COVID hospitals/blocks, asymptomatic frontline workers such as surveillance workers deployed in containment zones and paramilitary/police personnel involved in COVID-19 related activities -- have now been included.

Star-studded Australia 'A' squads for India tour

Star-studded Australia 'A' squads for India tour

Rediff.com30 May 2018

All-rounder Mitchell Marsh leads a 14-man squad packed with international experience, a group featuring Alex Carey, Ashton Agar, Peter Handscomb, Head, Jon Holland, Usman Khawaja, Joel Paris, Matthew Renshaw and Chris Tremain.

Global PE funds bullish about 6 Indian airports up for sale

Global PE funds bullish about 6 Indian airports up for sale

Rediff.com29 Jan 2019

With Indian infrastructure companies burdened with debt, global PE funds and developers sense an opportunity to buy the airports cheap

Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors

Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors

Rediff.com12 Nov 2020

The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.

Modi named 'Asian of the Year' by Singapore daily

Modi named 'Asian of the Year' by Singapore daily

Rediff.com5 Dec 2014

Prime Minister Narendra Modi was on Friday named 'Asian of the Year' by a leading Singaporean press group for being focused on India's development and getting the world "excited" about the prospects of the country again.

Discover India's poshest homes

Discover India's poshest homes

Rediff.com6 Aug 2018

These exist in a unique world of by-invitation-only properties -- those that are never advertised and which money alone cannot buy. One cannot simply walk in for a tour of these apartments. A buyer must first meet the developer's targeted social criteria to get invited for a walkthrough of the property.

OECD upbeat on Indian economy

OECD upbeat on Indian economy

Rediff.com8 Aug 2013

The latest reading from the Organisation for Economic Cooperation and Development comes amid rising concerns about India's growth prospects on account of the falling rupee and relatively sluggish investments.

SCO summit: Another chance to improve India-China ties

SCO summit: Another chance to improve India-China ties

Rediff.com13 Jun 2019

'Clearly, the warming of ties can be a 'win-win' for India and China,' says Ambassador M K Bhadrakumar.

COVID-19 most challenging crisis since WWII: UN chief

COVID-19 most challenging crisis since WWII: UN chief

Rediff.com1 Apr 2020

"We are facing a global health crisis unlike any in the 75-year history of the United Nations -- one that is killing people, spreading human suffering, and upending people's lives. But this is much more than a health crisis. It is a human crisis," Guterres said.