News for 'Government Initiatives and Industry'

The pivotal decision facing India's steelmakers

The pivotal decision facing India's steelmakers

Rediff.com2 Apr 2025

The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.

'Why Haven't Amitabh, Salman, Shah Rukh Learnt Marathi?'

'Why Haven't Amitabh, Salman, Shah Rukh Learnt Marathi?'

Rediff.com4 Jul 2025

'There are tall personalities who have utilised Mumbai and Maharashtra for their career growth, but they never thought it is their responsibility to learn Marathi.'

Stricter Steel Rules May Crush Small Manufacturers

Stricter Steel Rules May Crush Small Manufacturers

Rediff.com13 Mar 2025

Since India relies heavily on specialised imported fasteners for critical applications in industries, such as automobiles, aerospace, electronics, and defence, their sudden unavailability will jeopardise production.

It Starts With A Casual Bet And Then...

It Starts With A Casual Bet And Then...

Rediff.com4 Jul 2025

In 2025 alone, at least 50 suicides linked to online gambling losses have been reported across India. According to FIRs, the victims were addicted to betting, largely driven by cricket, rummy and poker.

Why Trump Is A Man In A Hurry

Why Trump Is A Man In A Hurry

Rediff.com31 Jul 2025

Trump is confident the US will eventually emerge the winner from whatever turmoil his policies cause, notes T T Ram Mohan.

Govt announces new Fund of Funds scheme with Rs 10k cr corpus for startups

Govt announces new Fund of Funds scheme with Rs 10k cr corpus for startups

Rediff.com1 Feb 2025

The government on Saturday announced a host of measures such as setting up of a new Fund of Funds Scheme (FFS) with Rs 10,000 crore corpus; and extension of period of incorporation by five years with a view to promote growth of budding entrepreneurs.

Foreign investment in Indian corporate bonds hits 10-year high in May

Foreign investment in Indian corporate bonds hits 10-year high in May

Rediff.com7 Jun 2025

Foreign investment in bonds issued by Indian corporates touched a 10-year high in May at 20,996 crore, driven by $3.35 billion fundraise by the Shapoorji Pallonji (SP) group, which saw infusion from Deutsche Bank, BlackRock, Morgan Stanley, Davidson Kempner, and Cerberus Capital, among others. The SP group sold three-year bonds, offering 19.75 per cent yield compounded annually and payable at maturity.

Adani Group posts record EBITDA of Rs 90K cr in FY25

Adani Group posts record EBITDA of Rs 90K cr in FY25

Rediff.com22 May 2025

Adani Group's portfolio companies posted their highest-ever pre-tax profit (EBITDA) of about Rs 90,000 crore in the fiscal year ended March 31 and had a cash balance to cover 21 months of debt servicing, the ports-to-energy conglomerate said on Thursday. The Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) has more than tripled in six years - from Rs 24,870 crore in 2018-19 to Rs 89,806 crore in 2024-25 (April 2024 to March 2025).

Meity To Tap Global AI & ML Experts

Meity To Tap Global AI & ML Experts

Rediff.com20 Feb 2025

'We will start reaching out to researchers, academics, and experts on AI from top universities and companies from across the world.'

DPIIT to Rope In Corporates For Startup Boost

DPIIT to Rope In Corporates For Startup Boost

Rediff.com6 Mar 2025

Companies have been approached to set up incubation centres that will offer financial and non-financial support to manufacturing startups at various levels.

Sharad, Ajit Pawar share stage for 3rd time in 15 days

Sharad, Ajit Pawar share stage for 3rd time in 15 days

Rediff.com21 Apr 2025

Sharad Pawar and his nephew Ajit, who heads the Nationalist Congress Party, are part of rival alliances in Maharashtra since the latter rebelled against his uncle in 2023 and joined the then BJP-Shiv Sena government.

FY25 trade deficit with China close to $100 bn amid dumping concerns

FY25 trade deficit with China close to $100 bn amid dumping concerns

Rediff.com24 Apr 2025

India's trade deficit with China neared $100 billion in FY25, amid escalating concerns of dumping, data released by the commerce department on Wednesday showed. Chinese imports rose by 11.5 per cent to $113.45 billion, while outbound shipments to the neighbouring country saw 14.5 per cent contraction to $14.2 billion.

Where Does Shashi Tharoor Go From Here?

Where Does Shashi Tharoor Go From Here?

Rediff.com9 Jun 2025

The political and ideological differences between the Congress and Shashi Tharoor is no longer a matter of whispers.

Smartphones ring loudest in exports

Smartphones ring loudest in exports

Rediff.com24 Apr 2025

Smartphones, for the first time, emerged as India's largest individual export commodity by value over 10 months of any financial year, during the April-January period of FY25, based on harmonised system (HS) codes. During the period under review, smartphone exports from India reached $18.31 billion, according to data from the Department of Commerce, surpassing automotive diesel fuel exports, which stood at $16.04 billion.

Rule of law or rule of muscle power? HC slams Maha city planning body

Rule of law or rule of muscle power? HC slams Maha city planning body

Rediff.com20 Apr 2025

The Bombay High Court has criticized the City and Industrial Development Corporation (CIDCO) for failing to take action against illegal structures in Navi Mumbai. The court questioned whether the rule of law or the rule of muscle power prevails in the state, noting that CIDCO officers were threatened by a local sarpanch when they attempted to take action. The court directed CIDCO to demolish the unauthorized structures within a week and ordered the Navi Mumbai Police Commissioner to provide protection to CIDCO officers.

India Set For Rs 32 Trillion Defence Budget... In 2047

India Set For Rs 32 Trillion Defence Budget... In 2047

Rediff.com2 Jun 2025

'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'

Tesla's EVs to start rolling out of Satara in Maharashtra?

Tesla's EVs to start rolling out of Satara in Maharashtra?

Rediff.com19 May 2025

The US carmaker's entry into India is expected by the last quarter of the current financial year.

Rupani cremated with full state honours; Shah leads tributes

Rupani cremated with full state honours; Shah leads tributes

Rediff.com17 Jun 2025

Thousands of people gathered along the entire route of the funeral procession to give a poignant send-off to the late BJP leader at his hometown, where his mortal remains were flown from Ahmedabad four days after the tragedy.

Who is Justice Yashwant Varma, at centre of cash discovery row?

Who is Justice Yashwant Varma, at centre of cash discovery row?

Rediff.com22 Mar 2025

The 56-year-old judge, enrolled as an advocate in 1992, was appointed as an additional judge of the Allahabad high court on October 13, 2014 and took oath as a permanent judge of that court on February 1, 2016.

'No project completed on time', IAF chief uses Salman Khan's dialogue

'No project completed on time', IAF chief uses Salman Khan's dialogue

Rediff.com29 May 2025

Chief of Air Staff Air Chief Marshal A P Singh on Thursday flagged serious concerns over inordinate delays in various defence acquisition projects and failure to stick to delivery schedules for supply of key platforms even as he hailed Operation Sindoor as a 'national victory'.

Growth, valuations support Ashok Leyland as competition rises in industry

Growth, valuations support Ashok Leyland as competition rises in industry

Rediff.com1 Jul 2024

The stock of commercial vehicle (CV) company Ashok Leyland is up 46 per cent in the past three months, gaining despite worries about a slowdown in sales volume. Brokerages have a mixed view on the country's second-largest medium and heavy commercial vehicle manufacturer. The company reported steady March quarter results and its valuation, focus on growth and medium-term prospects are positive, but some brokerages are cautious, given near-term demand concerns and the risk of competition increasing in the industry.

EV charging in 15 minutes could be a reality soon!

EV charging in 15 minutes could be a reality soon!

Rediff.com23 May 2025

'The testing and certification have been completed, and implementation could occur within a year, depending on the number of vehicles.'

'Not trash bin': Allahabad lawyers oppose Justice Varma's transfer

'Not trash bin': Allahabad lawyers oppose Justice Varma's transfer

Rediff.com21 Mar 2025

The Allahabad High Court Bar Association has opposed the transfer of Delhi High Court sitting judge Justice Yashwant Varma, from whose official home a huge stash of cash was reportedly discovered. The association said that the Supreme Court's decision to transfer Justice Varma back to the Allahabad High Court was "taken aback".

'Trump's Trade War's Main Target Is China'

'Trump's Trade War's Main Target Is China'

Rediff.com21 Apr 2025

'April 9 announcement of slapping a 125% tariff on Chinese goods has brought the focus back to China, making this new phase feel like a repeat of the original conflict.'

The Jet Set Prefers Luxury Electric Cars

The Jet Set Prefers Luxury Electric Cars

Rediff.com1 Jul 2025

The share of EVs in the luxury segment rose from 7 per cent in January-May 2024 to 11 per cent during the same period in 2025, marking a 66 per cent growth in the electric luxury segment.

Catalyst behind defence sector stocks regaining ground

Catalyst behind defence sector stocks regaining ground

Rediff.com24 Mar 2025

After lagging behind the broader market over the past three and six months, defence sector stocks have regained ground, reversing their performance from the past month. Concerns about slowing order inflows, execution hurdles, supply chain disruptions, and high valuations had weighed on the sector.

'Zero-For-Zero Tariff Is Best Medicine For India'

'Zero-For-Zero Tariff Is Best Medicine For India'

Rediff.com21 Apr 2025

'No retaliatory tariffs now. You can retaliate after a few months.' 'Today, there is no need to retaliate because it is a question of long term benefits.'

SC refers Yediyurappa corruption case to larger bench

SC refers Yediyurappa corruption case to larger bench

Rediff.com21 Apr 2025

The Supreme Court referred to a larger bench the legal issues stemming from a plea of BJP leader B S Yediyurappa, including the question whether a prior sanction to prosecute is needed under the Prevention of Corruption Act after a magisterial court order of inquiry. The questions revolve around the interplay between the provisions of the Prevention of Corruption Act and the Code of Criminal Procedure on the issue of prior sanction to prosecute a public servant.

SC caps IPS deputation in CAPFs, boosts cadre officers

SC caps IPS deputation in CAPFs, boosts cadre officers

Rediff.com26 May 2025

The Supreme Court of India has ordered a progressive reduction in the deputation of Indian Police Service (IPS) officers to Central Armed Police Forces (CAPFs) over the next two years, citing concerns over the delayed promotions of cadre officers. The court's decision aims to address the long-standing grievances of CAPF officers who feel their promotional prospects are hampered by the presence of IPS officers in higher ranks. The ruling also mandates a cadre review of the CAPFs to be completed within six months, addressing the issue of stagnation in the service hierarchy. The court's decision acknowledges the valuable contributions of CAPF officers while also recognizing the need to balance their promotional prospects with the operational requirements of the forces.

Coming Soon! New Internship Scheme

Coming Soon! New Internship Scheme

Rediff.com12 Feb 2025

'We are getting to understand the mind of this generation.' 'Minor tweaks are being made to ease the process as we go along.'

Air India may help India become international transit hub

Air India may help India become international transit hub

Rediff.com10 Jun 2025

Consider this: despite a traffic of over 130 million passengers flying international-to-international (I2I) routes per annum over India, only one-sixth of the long-haul traffic (26 million) emanates from the country.

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Rediff.com20 Jun 2025

Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.

Another team from India will visit Washington this month for trade talks

Another team from India will visit Washington this month for trade talks

Rediff.com8 May 2025

A team of senior officials from India will again visit Washington this month to hold discussions with their US counterparts on the proposed bilateral trade agreement (BTA), government sources said on Thursday. To give impetus to the talks, India's chief negotiator Rajesh Agrawal, special secretary in the Department of Commerce, and Assistant US Trade Representative for South and Central Asia Brendan Lynch had last month held three-day talks in Washington.

Will German Visa Rules Affect Students?

Will German Visa Rules Affect Students?

Rediff.com10 Jun 2025

Ritika Gupta, a study abroad expert and founder of Aaera Consultants, explains how Germany's new visa rules will affect international students and working professionals.

Adani Group to invest $5-20 bn over next 5 years

Adani Group to invest $5-20 bn over next 5 years

Rediff.com24 Jun 2025

The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.

Controversy's Child Kamal Haasan

Controversy's Child Kamal Haasan

Rediff.com10 Jun 2025

Kamal has a crisp pen when it comes to writing short and yet powerful film dialogues. But while speaking ex tempore -- and that has been his style -- he looks every bit a confused man, observes N Sathiya Moorthy.

Sebi brings in stricter disclosure norms for IPO-bound companies

Sebi brings in stricter disclosure norms for IPO-bound companies

Rediff.com4 Mar 2025

The Securities and Exchange Board of India (Sebi) has introduced stricter Key Performance Indicator (KPI) disclosures for initial public offers (IPOs). These new standards, developed in collaboration with industry associations, aim to enhance transparency and provide investors with a clearer understanding of a company's valuation and business performance.

Goyal's Comment Sparks Startup Uproar

Goyal's Comment Sparks Startup Uproar

Rediff.com5 Apr 2025

'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'

Medtech MNCs bet big on localisation

Medtech MNCs bet big on localisation

Rediff.com12 May 2025

Several multinational medical device makers are focusing on deepening their presence in India by expanding their local manufacturing footprint and research capabilities, a move that can catapult India into a strategic hub for the medical technology (medtech) industry. Among those increasing their reach in the country are Siemens Healthineers and Philips, signalling a broader shift from India being only a sales destination to becoming a global production and innovation base.