News for 'Government Initiatives and Industry'

'India Can Convert Tariffs Into Win-Win Situation'

'India Can Convert Tariffs Into Win-Win Situation'

Rediff.com11 Aug 2025

'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'

Pakistan's Economy On Tenterhooks

Pakistan's Economy On Tenterhooks

Rediff.com20 May 2025

With general government debt now approaching three-quarters of GDP, and only incremental reform efforts visible, Pakistan risks prolonging its economic stagnation unless fundamental governance, regulatory, and industrial overhauls are undertaken.

Digipin: Mapping Addresses Digitally

Digipin: Mapping Addresses Digitally

Rediff.com16 Jun 2025

Digipin promises to revolutionise location-based services in India with safeguards.

'SC ruling cause of concern for mining industry'

'SC ruling cause of concern for mining industry'

Rediff.com16 Aug 2024

'The biggest impact will be on coal and hence on power cost. Then comes iron ore, coking coal, bauxite.'

End of a toxic chapter: All 337 tonne of Union Carbide waste burnt to ashes

End of a toxic chapter: All 337 tonne of Union Carbide waste burnt to ashes

Rediff.com30 Jun 2025

The waste disposal at the plant in Dhar district's Pithampur industrial area was undertaken following directives of the Madhya Pradesh high court.

Tribals Fear New Threats As Naxalism Fades

Tribals Fear New Threats As Naxalism Fades

Rediff.com27 Jun 2025

If the threat from the 'Maovadis' (Maoists) is fading, the danger now lies with the 'MoUvadis' -- those who might exploit the resource-rich Abujhmad region through corporate or State-backed projects.

Time India Learnt From China Playbook

Time India Learnt From China Playbook

Rediff.com20 Aug 2025

If India caves in to US pressure as Trump hopes it will, he will further try to blackmail it into submission, points out Ramesh Menon.

'75+ IPOs Have Received SEBI Approval'

'75+ IPOs Have Received SEBI Approval'

Rediff.com28 Jul 2025

'Listing of scaled Indian subsidiaries of multinational corporations as well as of Indian conglomerates continues to remain a key theme for IPOs in India.'

Trump Tantrum: 'Present Moment Difficult For India'

Trump Tantrum: 'Present Moment Difficult For India'

Rediff.com20 Aug 2025

'Geopolitically and diplomatically it's a very difficult situation for India.'

India Must Be Ready For Chinese Challenge

India Must Be Ready For Chinese Challenge

Rediff.com2 Sep 2025

'One Chinese interlocutor said India should realise that "China can do without India, but India could not do without China", pointing to its inability to do without Chinese intermediates and components,' former foreign secretary Shyam Saran discovers on a visit to China.

Hero expects EV biz to break even with 30K monthly sales

Hero expects EV biz to break even with 30K monthly sales

Rediff.com15 May 2025

Hero MotoCorp is expecting its electric vehicle (EV) business to break even once it reaches monthly sales volumes of 25,000 to 30,000 units, which is a couple of years away, Chief Financial Officer (CFO) Vivek Anand said on Tuesday. "This year, in 2024-25 (FY25), if I really look at my EV performance, our volumes have grown by 200 per cent," Anand told analysts during the company's post-results conference call.

ISRO Transfers SSLV Tech To HAL

ISRO Transfers SSLV Tech To HAL

Rediff.com21 Jun 2025

State-run Hindustan Aeronautics Limited has won a bid under which it will receive technology from the Indian Space Research Organisation for the end-to-end commercial production of the Small Satellite Launch Vehicle (SSLV), a first for the industry as India seeks to become a global hub for small satellite manufacturing and launches.

'UCO Bank's strategy is to raise capital in tranches'

'UCO Bank's strategy is to raise capital in tranches'

Rediff.com27 Jun 2025

'Raising the entire amount in one go may not be prudent, given the market dynamics.'

'Trump Wants Big Pie Of India's Economy'

'Trump Wants Big Pie Of India's Economy'

Rediff.com4 Aug 2025

'India did not surrender. That was why he wanted to pressurise India by this 25% tariffs.'

Did You Know What Defence Ministry Did This Year?

Did You Know What Defence Ministry Did This Year?

Rediff.com20 Jun 2025

India fully utilised its military modernisation budget in 2024-2025 -- the first time in five years -- and signed a record Rs 2 trillion defence contracts.

Normal life remains unaffected during strike, violence in Bengal

Normal life remains unaffected during strike, violence in Bengal

Rediff.com10 Jul 2025

A nationwide strike called by trade unions to protest against the central government's labor policies had a mixed impact across India. While normal life remained largely unaffected in most parts of the country, some sectors like banking, transport, and insurance experienced disruptions. Sporadic incidents of violence were reported in West Bengal.

Samsung management, workers reach agreement on wage hike

Samsung management, workers reach agreement on wage hike

Rediff.com19 May 2025

The discord between the Samsung workers affiliated to the Samsung India Thozhilalar Sangam and the company management over wage hike has been amicably resolved with the company agreeing to increase the wages, Tamil Nadu Labour Minister C V Ganesan informed on Monday. Noting that employee welfare remained a top priority for it, Samsung India said the company 'constructively engaged' with all its workers at the Chennai plant and was delighted to announce a mutual agreement to enhance wages and benefits for the next three years.

L&T gears up for nuclear foray, to focus on small reactors

L&T gears up for nuclear foray, to focus on small reactors

Rediff.com9 Jun 2025

With the regulatory approval from the US Department of Energy in its kitty, Indian multinational conglomerate L&T is planning to focus on manufacturing small modular reactors (SMRs) to play a leading role in the commercialisation of nuclear energy in India.

Tesla Gears Up in Kurla

Tesla Gears Up in Kurla

Rediff.com4 Jun 2025

Tesla's official entry into the Indian market is expected in the final quarter of the current financial year.

Ola Electric becomes first 2W EV manufacturer to bag PLI incentives

Ola Electric becomes first 2W EV manufacturer to bag PLI incentives

Rediff.com6 Mar 2025

Ola Electric, India's largest electric vehicle company, has achieved a significant milestone by becoming the first two-wheeler automotive electric vehicle (EV) manufacturer in India to receive incentives under the Production Linked Incentive (PLI) Scheme for Automotive and Auto Component (PLI-Auto Scheme). The company has been granted a total incentive of Rs 73.74 crore for the Determined Sales Value of FY 2023-24 under the scheme, according to a stock exchange filing by the company.

'There's No Such Thing As A Permanent Job Anymore'

'There's No Such Thing As A Permanent Job Anymore'

Rediff.com26 Jun 2025

'There are still plenty of jobs out there -- but not enough people with the right skills to fill them.'

When Gujarati Muslims Dominated Bombay Politics

When Gujarati Muslims Dominated Bombay Politics

Rediff.com26 Aug 2025

'They wanted the city to be a great business hub. They didn't like the fact that taxes collected in Bombay would go outside the city.'

No disruption in ops due to rare earth magnet shortage: Maruti

No disruption in ops due to rare earth magnet shortage: Maruti

Rediff.com13 Jun 2025

Maruti Suzuki India (MSIL) said on Thursday its operations are unaffected by the global rare earth magnet shortage, but added that the situation is "uncertain and evolving". The firm said it is exploring multiple solutions to maintain continuity in operations and will notify stakeholders in case of material impact.

UP govt, Foxconn in talks for a manufacturing unit

UP govt, Foxconn in talks for a manufacturing unit

Rediff.com14 Apr 2025

The Uttar Pradesh government and iPhone maker Foxconn have started discussions to set up an electronics manufacturing unit in the state, sources aware of the development said. The investment pitch was made by Invest UP to Foxconn at the time of the final land allocation for the HCL-Foxconn chip joint venture Vama Sundari.

Ola Electric Hits Speed Bumps On Road to Future

Ola Electric Hits Speed Bumps On Road to Future

Rediff.com19 Jun 2025

Clearly, some of the bullishness of the early days has gone missing. Ola's market share is slipping amid rising competition from incumbents like Bajaj Auto and TVS.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

'Judges Don't Descend From Mars Or The Moon'

'Judges Don't Descend From Mars Or The Moon'

Rediff.com21 Aug 2025

'The quality of justice is directly linked to the quality of judges -- if that suffers, justice delivery suffers.'

India's AI market to triple to $17 billion by 2027: Report

India's AI market to triple to $17 billion by 2027: Report

Rediff.com11 Jun 2025

The Indian AI market is expected to grow to over $17 billion by 2027, more than tripling its current size, driven by increased investments in enterprise technology, a flourishing digital ecosystem, and a strong pool of skilled professionals, according to BCG.

Savings on stamp duty draw HFTs to GIFT City

Savings on stamp duty draw HFTs to GIFT City

Rediff.com12 Jun 2025

Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.

SC reserves verdict on corruption case against Yediyurappa

SC reserves verdict on corruption case against Yediyurappa

Rediff.com11 Apr 2025

The Supreme Court of India has reserved its verdict on a plea by BJP leader and former Karnataka Chief Minister B S Yediyurappa challenging an order reviving a corruption case against him. The case involves allegations of corruption and criminal conspiracy related to the allocation of industrial land. The court has framed several key legal questions, primarily focusing on the interplay between various provisions of the Prevention of Corruption Act and the Criminal Procedure Code regarding prior sanction to prosecute a public servant. The court has asked Yediyurappa's counsel to file written submissions within two weeks.

IMF imposes 11 new conditions on Pak, warns against tensions with India

IMF imposes 11 new conditions on Pak, warns against tensions with India

Rediff.com18 May 2025

The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme and warned that tensions with India could heighten risks to the scheme's fiscal, external, and reform goals, according to a media report on Sunday.

Lessons For Start Ups From UPI Success Story

Lessons For Start Ups From UPI Success Story

Rediff.com14 Apr 2025

Isn't there something significant in the UPI example for all of us to learn from and execute to enable world-scale success for our startups?, asks Ajit Balakrishnan.

Purple revolution: How J-K's Bhaderwah became India's lavender capital

Purple revolution: How J-K's Bhaderwah became India's lavender capital

Rediff.com5 Jun 2025

From using lavender in traditional Dogri embroidery to making essential oils, beauty products and food syrups infused with this flowering plant, Bhaderwah, once known for its maize fields, is embracing lavender to bring about an economic transformation to their small town.

Prada breaks silence over Rs 1.2 lakh 'Kolhapuri chappals'

Prada breaks silence over Rs 1.2 lakh 'Kolhapuri chappals'

Rediff.com28 Jun 2025

Artisans from Maharashtra have cried foul after footwear similar to the famous Kolhapuri chappals featured in Prada's show. They alleged violation of geographical identification (GI) rights.

US pledges to boost technology ties with India

US pledges to boost technology ties with India

Rediff.com14 Feb 2025

Artificial Intelligence, innovation and next-generation technologies figured prominently during the high-stakes discussion between Prime Minister Narendra Modi and US President Donald Trump at the White House, as the two sides announced transformative measures, including the US-India TRUST initiative, roadmap on accelerating AI infrastructure and INDUS Innovation, to boost tech ties.

Quality Control Orders: What does this mean for domestic industry?

Quality Control Orders: What does this mean for domestic industry?

Rediff.com25 Apr 2024

From toys, footwear and furniture to insulated flasks, smart meters, and air coolers - the Central government over the last decade has mandated higher standards for production and imports of such items. Sample this: Till 2014, there were 14 Quality Control Orders (QCOs) covering 106 products. By the latest count, there are 156 QCOs on 672 products.

'All India Radio Is No Underdog'

'All India Radio Is No Underdog'

Rediff.com13 Aug 2025

'The largest listenership for Vividh Bharati outside the country is in Spain.' 'The labourers who go there for the tomato-picking season feel cut off from their country and listen to Vividh Bharati to overcome their loneliness.'

India could double US energy purchases this year to offset tariff threat

India could double US energy purchases this year to offset tariff threat

Rediff.com24 Apr 2025

India's purchase of US crude oil has picked up in 2025 and could easily double their previous levels, government officials said on Wednesday. The surge comes in the wake of the then-incoming Donald Trump administration's announcement that it would consider hiking tariffs on a reciprocal basis, and pushed some countries, especially those with large trade surpluses with the US, to buy more of its energy.

AAIB warns against media speculation on AI crash, says probe underway

AAIB warns against media speculation on AI crash, says probe underway

Rediff.com17 Jul 2025

The Aircraft Accident Investigation Bureau (AAIB) has urged restraint in speculating about the cause of the Air India plane crash, emphasizing that the investigation is ongoing and premature narratives should be avoided.

Reliance Defence to get artillery shells, explosives from German firm

Reliance Defence to get artillery shells, explosives from German firm

Rediff.com22 May 2025

Reliance Defence and Germany-based Rheinmetall have agreed on a 'strategic partnership' in the field of ammunition, officials on Thursday said.