News for 'India 2030'

PIX: Australia beat India for CWG T20 gold, but cricket the winner!

PIX: Australia beat India for CWG T20 gold, but cricket the winner!

Rediff.com8 Aug 2022

Australia beat India by nine runs to win the Commonwealth Games women's T20 cricket gold medal on Sunday but the real winner was the sport which delivered compelling competition and boosted its case to be included in the Olympics.

India needs strong, stable govt for next 10 yrs; weak coalitions bad: Doval

India needs strong, stable govt for next 10 yrs; weak coalitions bad: Doval

Rediff.com25 Oct 2018

Fragmented polity will make it impossible for India to realise its will because weak governments are unable to take hard decisions, the NSA said.

'The agenda is 'insurance for all by 2047''

'The agenda is 'insurance for all by 2047''

Rediff.com31 Dec 2023

'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'

UN warns of 'similar episodes' as second Covid wave in India

UN warns of 'similar episodes' as second Covid wave in India

Rediff.com13 Jan 2022

'In India, a deadly wave of infection with the Delta variant stole 240,000 lives between April and June and disrupted economic recovery. Similar episodes could take place in the near term,' said the report.

'There is not a major worry on the price front'

'There is not a major worry on the price front'

Rediff.com7 Sep 2023

'I believe that as we produce more, our cost will come down further. We will maintain our competitiveness.'

Why India was made the Fall Guy at COP26

Why India was made the Fall Guy at COP26

Rediff.com17 Nov 2021

The game plan is to pressure India and China to come back and commit to further emissions cuts by next year's UN meeting. Neither China nor India has 2030 targets anywhere near in line with a 1.5 degree centigrade pathway, and so will be on the target list of nations under pressure to return next year with more ambition, predicts Ambassador M K Bhadrakumar.

Maruti's Goal: Hybrid, Not EV, Cars

Maruti's Goal: Hybrid, Not EV, Cars

Rediff.com16 Aug 2023

'We are going to have hybrid cars, which, as far as I know, none of our competition is working on, and this includes ethanol.'

Lithium reserves found in Jammu and Kashmir put on bidding block

Lithium reserves found in Jammu and Kashmir put on bidding block

Rediff.com3 May 2023

The central government is expected to complete the auction of the 5.9-million tonne (mt) lithium reserves discovered in the Reasi district of the northern Union Territory (UT) of Jammu & Kashmir (J&K) by the end of this calendar year, Union Mines Secretary Vivek Bharadwaj said on the sidelines of the launch of the Federation of Indian Chambers of Commerce and Industry (Ficci) report on 'New-Age Energy Minerals' on Tuesday. "Auction will be over by the end of this year," said Bharadwaj, adding, "We have already recommended a transaction advisor to the J&K government for the auction of lithium reserves." However, the exact timeline for an auction will be decided by J&K authorities, Union mines minister Pralhad Joshi said in Parliament last month.

Earthquake toll in Turkey-Syria rises to 21,051

Earthquake toll in Turkey-Syria rises to 21,051

Rediff.com10 Feb 2023

At least 17,674 people have died and 72,879 people have been injured in Turkey, according to Vice President Fuat Oktay on Thursday.

Import of key Chinese medical devices rises up to 152% till Dec FY23

Import of key Chinese medical devices rises up to 152% till Dec FY23

Rediff.com5 May 2023

In the first nine months of financial year 2022-23, India's exports of medical devices have grown by 17 per cent, while imports have declined by around 8 per cent, show the latest data compiled by the Association of Indian Medical Device Industry (AiMeD). However, import of 30 medical devices from China has risen between 25 per cent and 152 per cent during this period, the AiMeD has written to Commerce and Industries Minister Piyush Goyal in March. The AiMeD is an umbrella organisation of medical device makers.

Democracy in our veins, no discrimination against minorities: Modi

Democracy in our veins, no discrimination against minorities: Modi

Rediff.com23 Jun 2023

India believes in sabka saath, sabka vikas, sabka vishwas, sabka prayaas and walks ahead with it, Modi said.

Adani-Total Gas to invest Rs 20,000 cr in 8-10 yrs to expand city gas

Adani-Total Gas to invest Rs 20,000 cr in 8-10 yrs to expand city gas

Rediff.com29 Jun 2023

Adani Total Gas Ltd, the joint venture of billionaire Gautam Adani's group and French energy giant TotalEnergies, will invest Rs 18,000 crore to Rs 20,000 crore in the next 8 to 10 years to expand infrastructure for retailing CNG to automobiles and piping gas to households and industries, its CFO said. The company retails CNG to automobiles and pipes gas to household kitchens for cooking purposes in 52 licences that cover 124 districts of the country. It has 460 CNG stations in the country and about 7 lakh consumers of its piped cooking gas.

Finland Wants Indian Techies!

Finland Wants Indian Techies!

Rediff.com1 Feb 2023

In the last 12 months, over 7,500 Indians have applied for a resident permit.

Chinese foreign minister likely to hold 1st meeting with Jaishankar

Chinese foreign minister likely to hold 1st meeting with Jaishankar

Rediff.com28 Feb 2023

Chinese Foreign Minister Qin Gang will travel to India to attend the meeting of G20 foreign ministers on March 2, during which he is expected to hold his first bilateral meeting with External Affairs Minister S Jaishankar.

Why cryptocurrencies will continue to grow in India

Why cryptocurrencies will continue to grow in India

Rediff.com6 Jan 2022

The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart automation, much of it relying on blockchain technology, drive human civilisation. Reserve Bank of India (RBI) Governor Shaktikanta Das has repeatedly warned of macroeconomic instability and even "serious consequences" if cryptocurrencies turn mainstream. The country's monetary authority wants a China-like total ban on crypto, not even allowing these currencies to be treated as investments. Though Parliament's website had listed the Cryptocurrency and Regulation of Official Digital Currency Bill as one seeking a total ban of cryptocurrencies in the country, it was not presented in the Winter Session. India now has the highest number of cryptocurrency investors in the world.

Gujarat, Karnataka lead 2022 secondary school dropout rankings

Gujarat, Karnataka lead 2022 secondary school dropout rankings

Rediff.com11 Jun 2023

The government views dropout as a barrier to achieving the new National Education Policy's aim of 100 per cent gross enrolment rate at the school level by 2030, according to officials.

NITI pegs India's gig workforce at 2.35 cr by FY30

NITI pegs India's gig workforce at 2.35 cr by FY30

Rediff.com27 Jun 2022

India's gig workforce is expected to expand to 2.35 crore by 2029-30 from 77 lakh in 2020-21, a NITI Aayog report said on Monday, and recommended extending social security measures for such workers and their families in partnership mode as envisaged in Code on Social Security. The report titled 'India's Booming Gig and Platform Economy' further said gig workers are expected to form 6.7 per cent of the non-agricultural workforce or 4.1 per cent of the total livelihood in India by 2029-30. Gig workers can be broadly classified into platform and non-platform workers.

Airline industry to post $9.8 bn net profit this year: IATA

Airline industry to post $9.8 bn net profit this year: IATA

Rediff.com5 Jun 2023

Fuelled by rising passenger traffic and reviving local economies, the global airline industry is projected to record a net profit of $9.8 billion this year, IATA Director General Willie Walsh said on Monday and also made a strong pitch for having global standards for a Sustainable Aviation Fuel (SAF) book and claim system to help reduce carbon emissions. While addressing the Annual General Meeting of the International Air Transport Association (IATA) here, Walsh also flagged concerns about supply chain issues that are raising costs as well as limiting the ability of airlines to deploy aircraft. He also pointed out that decarbonising aviation is a serious issue and governments must not be allowed to use it to shore up exchequer finances.

CWG 2026: What's next after host Victoria pulled out?

CWG 2026: What's next after host Victoria pulled out?

Rediff.com18 Jul 2023

Australia's state of Victoria has withdrawn as host of the 2026 Commonwealth Games, placing the future of the quadrennial multi-sport event in doubt

As aviation opens up, GE bets on India's wide-body aircraft market

As aviation opens up, GE bets on India's wide-body aircraft market

Rediff.com26 Mar 2022

The slot constraint in Indian airports is also going to play a role in pushing airlines to have wide bodies.

India will need to find jobs for additional 90 mn: Report

India will need to find jobs for additional 90 mn: Report

Rediff.com27 Aug 2020

The McKinsey report said faster employment growth at 12 million non-farm jobs annually is needed in the post-Covid period till 2029-30, up from just four million created each year between 2012 and 2018.

With Rs 4.2 trn m-cap, Adani Green is now India's 10th most valued firm

With Rs 4.2 trn m-cap, Adani Green is now India's 10th most valued firm

Rediff.com12 Apr 2022

Adani Green Energy entered the list of top-10 most valued companies in terms of market capitalisation (m-cap) in the country on Monday after its stock price zoomed 16.3 per cent to hit a new high of Rs 2,701.6 on the BSE. Adani Green Energy's m-cap now stands at Rs 4.22 trillion, surpassing Bharti Airtel, which has an m-cap of Rs 4.16 trillion. With today's rally, the stock has zoomed about 25 per cent in the last two trading days after UAE's International Holding Company (IHC) agreed to invest Rs 3,850 crore in Adani Green Energy through preferential issue.

Petrol doped with 20% ethanol starts retailing in 11 states/UTs

Petrol doped with 20% ethanol starts retailing in 11 states/UTs

Rediff.com6 Feb 2023

Petrol doped with 20 per cent ethanol was rolled out on Monday at select petrol pumps in 11 states and union territories as part of a programme to increase use of biofuels to cut emissions as well as dependence on foreign exchange-draining imports. At present, 10 per cent ethanol is blended in petrol (10 per cent ethanol, 90 per cent petrol) and the government is looking to double this quantity by 2025. Prime Minister Narendra Modi launched the higher 20 per cent ethanol blended petrol two months ahead of the planned rollout in April, at the India Energy Week (IEW) 2023 in Bengaluru.

Indian Techies Write Code For Driverless Cars!

Indian Techies Write Code For Driverless Cars!

Rediff.com29 Nov 2022

Engineers based in India are estimated to be writing roughly 35 per cent of the 100 million lines of codes required to develop one fully driverless car for global vehicle makers.

Delhi sizzles as temperature soars above 46 degrees C, strains power grids

Delhi sizzles as temperature soars above 46 degrees C, strains power grids

Rediff.com22 May 2023

The mercury soared to 46.2 degrees Celsius at Najafgarh, making it the hottest place in the capital.

'India has been a challenge'

'India has been a challenge'

Rediff.com8 Oct 2021

'We can only promise we have not lost interest.'

'Amazon In India For Next 100 Years'

'Amazon In India For Next 100 Years'

Rediff.com4 Jul 2022

'For all of us at Amazon, it is 'Bharat first'.' 'We are keeping the Indian customer at the centre of what we are doing.'

Budget proposes major boost for infra sector

Budget proposes major boost for infra sector

Rediff.com1 Feb 2021

Expressing commitment to augment the country's infrastructure, Finance Minister Nirmala Sitharaman on Monday proposed to significantly enhance capital expenditure to Rs 5.54 lakh crore in the next fiscal, besides creating institutional structures and giving a big thrust to monetizing assets to achieve the goals of the National Infrastructure Pipeline (NIP). Sitharaman said NIP, that was launched in December 2019 with 6,835 projects, has now been expanded to 7,400 projects and around 217 projects worth Rs 1.10 lakh crore under some key infrastructure ministries have been completed. "For 2021-22, I propose a sharp increase in capital expenditure and thus have provided Rs 5.54 lakh crores which is 34.5% more than the BE of 2020-21," the finance minister said.

Covid has not impacted India's long-term growth trajectory: Tata's Chandra

Covid has not impacted India's long-term growth trajectory: Tata's Chandra

Rediff.com11 Jan 2022

The coronavirus pandemic has not impacted India's long-term growth trajectory although it has delayed it and in this decade, the country will lead the global growth rates, Tata group chairman N Chandrasekaran said on Tuesday. Speaking at tech giant Microsoft's annual flagship event, Future Ready, he said it should be a national priority to enable access to healthcare and education using digital infrastructure for all in the country, considering how the acceleration of digital adoption during the pandemic has created a divide as many people, who do not have the means and access, have been left behind. "There are many things going for India. I think as the economy fully opens up post the pandemic, I believe that our growth will continue to get stronger.

India, UK unveil 10-year roadmap to boost trade

India, UK unveil 10-year roadmap to boost trade

Rediff.com4 May 2021

Britain has finalised 1 billion pounds worth of new trade and investment with India, creating over 6,500 jobs in the UK, to be signed off at a virtual summit between Prime Minister Boris Johnson and his Indian counterpart Narendra Modi on Tuesday. The investments confirmed by Downing Street on Monday evening form part of an Enhanced Trade Partnership (ETP), which will set the ambition to double the value of UK-India trade by 2030 and declare a shared intent to begin work towards a comprehensive Free Trade Agreement (FTA). "Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer," Johnson said.

India's Forever Debt To Bhabha, Sarabhai

India's Forever Debt To Bhabha, Sarabhai

Rediff.com22 Feb 2022

Dr Bhabha and Dr Sarabhai didn't feel guilty for their ambitions; it was for those 'mad scientists' that India is a powerhouse -- both at the atomic level and in the vastness of space, observes Kumar Abishek.

Check Blood Glucose Levels Minus Prick

Check Blood Glucose Levels Minus Prick

Rediff.com21 Mar 2023

One needs to charge the device every four days, which can provide over 65,000 blood readings and counts.

Maruti to issue preferential equity shares to Suzuki to buy Gujarat plant

Maruti to issue preferential equity shares to Suzuki to buy Gujarat plant

Rediff.com9 Aug 2023

Maruti Suzuki India (MSIL) will issue equity shares on a preferential basis to parent Suzuki Motor Corporation (SMC) to acquire 100 per cent stake in the latter's Gujarat plant. This deal is expected to increase the share base of MSIL by about 4 per cent. And consequently, it will raise SMC's shareholding in Maruti by around 1.8 percentage point. "Whether it is in terms of PAT (profit after tax) or earnings per share (EPS) or dividend per share (DPS) of MSIL, the share-swap option will give shareholders a better deal than any other option such as cash payment," MSIL chairman RC Bhargava told reporters during a press conference.

Explained: Will O-RAN disrupt the way 5G networks roll out in India?

Explained: Will O-RAN disrupt the way 5G networks roll out in India?

Rediff.com22 Jul 2022

Will open radio access network technology (O-RAN) disrupt the way 5G networks roll out in the country? After all, it promises to offer a substantially lower capital cost, enables the choice of an array of vendors, and provides more network flexibility - all very important for telcos who expect to invest over Rs 60,000 crore to roll out a pan-India 5G network and that's without spectrum costs. But more importantly, it counters the stranglehold of global telecom gear makers such as Ericsson, Nokia, and Samsung over telcos to whom they sell propriety technology and bundled hardware and software.

Hunger Index: Pak, B'desh, Nepal fare better than India

Hunger Index: Pak, B'desh, Nepal fare better than India

Rediff.com14 Oct 2021

India has slipped to 101st position in the Global Hunger Index (GHI) 2021 of 116 countries, from its 2020 position of 94th and is behind its neighbours Pakistan, Bangladesh and Nepal. Eighteen countries, including China, Brazil and Kuwait, shared the top rank with GHI score of less than five, the website of the Global Hunger Index that tracks hunger and malnutrition said on Thursday. The report, prepared jointly by Irish aid agency Concern Worldwide and German organisation Welt Hunger Hilfe, termed the level of hunger in India "alarming".

Adani now keen to produce world's cheapest hydrogen

Adani now keen to produce world's cheapest hydrogen

Rediff.com11 Nov 2021

Billionaire Gautam Adani on Thursday said his logistics-to-energy conglomerate will invest $70 billion over the next decade to become the world's largest renewable energy company and produce world's cheapest hydrogen. Adani Green Energy Ltd (AGEL), the world's largest solar power developer, is targeting 45 gigawatts of renewable energy capacity by 2030 and will invest $20 billion to develop a 2 GW per year solar manufacturing capacity by 2022-23. Adani Transmission Ltd (ATL), India's largest private sector power transmission and retail distribution company, is looking to increase the share of renewable power procurement from the current 3 per cent to 30 per cent by FY 2023 and to 70 per cent by FY 2030.

CEA Nageswaran says urban recovery faster than rural

CEA Nageswaran says urban recovery faster than rural

Rediff.com3 Mar 2023

Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday said describing India's recovery as 'K-shaped' was wrong as both rural and urban economies were recovering, albeit at different paces. Speaking to reporters at the Finance Ministry, Nageswaran said the gross domestic product (GDP) growth print for the recent October-December quarter (Q3FY23) will likely be revised upwards. "The notion of using the letter 'K' to denote urban and rural is somewhat wrong because it is almost as if one is growing and one is contracting. "I would say one segment's slope is more positive, and the other one slope is less positive but it is positive," Nageswaran said.

415 mn Indians exited poverty in 2005-21, UN calls it historic

415 mn Indians exited poverty in 2005-21, UN calls it historic

Rediff.com17 Oct 2022

The number of poor people in India fell by about 415 million between 2005-06 and 2019-21, a "historic change" and a demonstration that the Sustainable Development Goal target of reducing at least by half the proportion of men, women and children of all ages living in poverty by 2030 is possible to achieve, even at a large scale, according to the UN.

Under India's digital infra hood: Growing data centres

Under India's digital infra hood: Growing data centres

Rediff.com1 Apr 2022

As India builds its data centre capabilities, it is imperative that it is supported by green energy. This is because data centres are guzzlers of energy.

Warning! 20% more men than women in India by 2030

Warning! 20% more men than women in India by 2030

Rediff.com15 Mar 2011

A new study has warned that in the next two decades, large parts of India will have an excess of young men by up to 20 percent because of sex selection.