News for 'Industries Department'

'We Want Chinese Style Growth'

'We Want Chinese Style Growth'

Rediff.com1 Aug 2024

'We have essentially tried to set out an agenda for the next five years and it, in essence, represents the political commitment to that agenda.'

Downpour in Mumbai, red alert issued, BMC schools shut

Downpour in Mumbai, red alert issued, BMC schools shut

Rediff.com25 Jul 2024

Heavy rains lashed Mumbai and its suburbs on Thursday, causing waterlogging on roads in some areas that led to traffic snarls and also delayed local train operations.

'You Don't Get What You Want'

'You Don't Get What You Want'

Rediff.com1 Aug 2024

'The film industry has a lot of competition. You don't always get the roles you want.'

After curbing import of toys, India to turn tap off for Chinese fans, smart meters

After curbing import of toys, India to turn tap off for Chinese fans, smart meters

Rediff.com3 Dec 2022

We are looking at bringing quality control orders for mass production items such as smart meters and ceiling fans. This will benefit our own industry and consumers, a government official said.

Saurabh Netravalkar And The H-1B Dream

Saurabh Netravalkar And The H-1B Dream

Rediff.com11 Jul 2024

The US needs to understand that it could potentially lose out on attracting several Netravalkars in the future if it curbs the influx of such industrious Indian immigrants, argues Vishal Menon.

Fresh Youth Hiring Surged In April-May

Fresh Youth Hiring Surged In April-May

Rediff.com22 Jul 2024

'This year overall hiring has seen a slight improvement as compared to the dip seen during the last financial year.'

Spice row: Govt plans greater scrutiny, SOPs

Spice row: Govt plans greater scrutiny, SOPs

Rediff.com13 May 2024

The government is formulating guidelines on the use of ethylene oxide (ETO) in samples of spices for the domestic market and exports, people aware of the matter said, as it plans to step up efforts to make quality checks more stringent. ETO, a flammable, colourless gas, is typically used as a disinfectant. It is also used as a sterilising agent and an insecticide to reduce microbial contamination in spices. However, its use is considered carcinogenic, beyond permissible limits.

PMO Monitoring Red Sea Crisis

PMO Monitoring Red Sea Crisis

Rediff.com16 Feb 2024

Any government support or incentive to help exporters deal with high freight and insurance costs is unlikely.

Delhi's 52.9 Degree Reading Probably Due to Sensor Error

Delhi's 52.9 Degree Reading Probably Due to Sensor Error

Rediff.com31 May 2024

The Met department blamed the malfunctioning of sensors kept at the Automated Weather Station for the gaffe.

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

After Doda, homes develop cracks in Srinagar due to land subsidence

After Doda, homes develop cracks in Srinagar due to land subsidence

Rediff.com26 Jun 2024

The locals believe the homes began to develop cracks after some portions of the land began to sink.

Kolkata rape: SC questions Bengal govt over FIR delay, raps police

Kolkata rape: SC questions Bengal govt over FIR delay, raps police

Rediff.com20 Aug 2024

Terming the rape and murder case of a medic at Kolkata's RG Kar Medical College and Hospital as horrific, the Supreme Court on Tuesday came down heavily on the West Bengal government over delay in filing first information report (FIR) in the matter.

Leaning in: Isha Ambani beyond Reliance Retail

Leaning in: Isha Ambani beyond Reliance Retail

Rediff.com16 May 2024

Isha Ambani means business. Not only when she is doing business - she leads Reliance Retail - but also when she is not. The latter was unmistakable on Wednesday, during her eight-minute 49-second video address on the occasion of "Girls in Information and Communications Technology (ICT) Day India 2024".

Nearly Rs 41,000 crore unspent in govt's Rs 1.97 trillion PLI scheme

Nearly Rs 41,000 crore unspent in govt's Rs 1.97 trillion PLI scheme

Rediff.com12 Feb 2024

Of the Rs 1.97 trillion that the government intends to spend on all 14 production-linked incentive (PLI) schemes, around Rs 41,000 crore remains unutilised as of now, according to a senior government official. This means that 80 per cent of the total allocated amount, or Rs 1.56 trillion, will be used to pay incentives to companies eligible to claim benefits over the next few years. The unutilised amount/savings result from undersubscription, lukewarm responses in the case of schemes such as textile, as well as a reduction in the allocation of schemes.

Amid Annamalai buzz, DMK, AIADMK fight hard

Amid Annamalai buzz, DMK, AIADMK fight hard

Rediff.com17 Apr 2024

BJP workers depend on Annamalai's popularity to emerge victorious. He has has made 100 promises to be fulfilled in 500 days and assurances include cleaning up rivers, an international airport and food vans named after former Chief Minister K Kamaraj.

'Climate Change Is The Main Villain'

'Climate Change Is The Main Villain'

Rediff.com2 Aug 2024

'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'

How Modi plans to tackle spiralling trade deficit with Russia

How Modi plans to tackle spiralling trade deficit with Russia

Rediff.com8 Jul 2024

India's trade deficit with Russia continued to widen for the second consecutive year to $57 billion in the financial year 2023-24 (FY24), with Moscow becoming New Delhi's largest source of crude oil imports. All eyes will now be on Prime Minister Narendra Modi's visit to Russia during July 8-9, where he is set to meet President Vladimir Putin. This will be Modi's first visit to the Kremlin since the Russia-Ukraine conflict began over two years ago.

Muted spectrum auction sees telcos placing bids worth Rs 11,000 cr

Muted spectrum auction sees telcos placing bids worth Rs 11,000 cr

Rediff.com26 Jun 2024

The auction of radio waves used for mobile services saw a muted opening on Tuesday, with five rounds attracting bids worth about Rs 11,000 crore from telecom companies. The government has put over 10,500 Mhz spectrum in eight frequency bands -- 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz, valued at Rs 96,238 crore at base price, for auction.

31 dead, lakhs homeless in AP, Telangana floods

31 dead, lakhs homeless in AP, Telangana floods

Rediff.com2 Sep 2024

At least 16 people lost their lives in various rain-related incidents in Telangana while the unprecedented rainfall and floods in Andhra Pradesh over the past three days affected about 4.5 lakh people leading to the evacuation of more than 30,000 to relief camps.

Wayanad landslides: Toll at 221, mass grave for unidentified remains

Wayanad landslides: Toll at 221, mass grave for unidentified remains

Rediff.com5 Aug 2024

Several people are still feared trapped in the debris after a series of landslides that occurred in Chooralmala and Mundakkai of Wayanad.

Dharavi redevelopment gets boost as residents back survey

Dharavi redevelopment gets boost as residents back survey

Rediff.com4 Aug 2024

Representatives of Citizen and Society Development Welfare, who have given the slogan of Dharavi Banao Andolan, met Srinivas and submitted a memorandum seeking expedition of the survey being conducted in Dharavi.

ED arrests ex-IAS officer in Rs 2000-cr Chhattisgarh liquor 'scam' case

ED arrests ex-IAS officer in Rs 2000-cr Chhattisgarh liquor 'scam' case

Rediff.com21 Apr 2024

The IAS officer was later taken into custody under the provisions of the Prevention of Money Laundering Act and is expected to be produced before a magistrate seeking his remand, the sources said.

Can Modi 3.0 Keep Food Inflation In Check?

Can Modi 3.0 Keep Food Inflation In Check?

Rediff.com17 Jun 2024

Increased production of pulses, oilseeds, and cereals will help boost domestic supplies and contribute to keeping inflation low in the coming months.

How Byju's Staff Struggle With Layoffs

How Byju's Staff Struggle With Layoffs

Rediff.com4 Mar 2024

'Due to the fear caused by the Byju's crisis, several employees have chosen to take up entry-level jobs in firms other than edtech.'

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

Maratha activist Jarange calls off fast, vents ire on BJP

Maratha activist Jarange calls off fast, vents ire on BJP

Rediff.com24 Jul 2024

Maratha activist Manoj Jarange on Wednesday suspended his indefinite fast, which he began five days ago over the quota issue, stating that his community members say they want him alive to fight for the cause.

ISRO successfully conducts final landing test of 'Pushpak' RLV

ISRO successfully conducts final landing test of 'Pushpak' RLV

Rediff.com23 Jun 2024

The third and final test in the series of landing experiment (LEX-03) was conducted at 07:10 1ST at the Aeronautical Test Range in Chitradurga, Karnataka.

AI Express sacks 25 crew members, 85 flights cancelled

AI Express sacks 25 crew members, 85 flights cancelled

Rediff.com9 May 2024

Air India Express on Thursday cancelled 85 flights or around 23 per cent of the total daily capacity as the disruptions due to the cabin crew shortage continue and said Air India will operate services on 20 of its routes to minimise inconvenience to passengers.

Nirmalaji Listens To Economists' Ideas

Nirmalaji Listens To Economists' Ideas

Rediff.com20 Jun 2024

'The Budget needs to focus more on social welfare schemes.'

Local suppliers, MNCs voice concerns over DPIIT's Make in India push

Local suppliers, MNCs voice concerns over DPIIT's Make in India push

Rediff.com1 Mar 2024

The Department for Promotion of Industry and Internal Trade (DPIIT) has proposed to raise the minimum local content under public procurement order in government contracts. But several local suppliers and multinational companies (MNCs) are saying such a steep target is not attainable. Class-I suppliers, whose goods, services or works offered for procurement has local content equal to or more than 50 per cent may see it hiked to 70 per cent, while it may go up to 50 per cent from 20 per cent for Class-II suppliers.

Quality Lapses Shut Down Drug Makers

Quality Lapses Shut Down Drug Makers

Rediff.com28 Jun 2024

Most of the pharma units are failing in documentation, and validation processes, and many don't have full-fledged quality control laboratories.

GST Council's fitment committee likely to consider dropping 12% slab

GST Council's fitment committee likely to consider dropping 12% slab

Rediff.com5 Jun 2024

The fitment committee under the Goods and Services Tax (GST) Council, comprising central and state officials, has begun a rate rationalisation exercise afresh, checking the possibility of dropping some of the rates, particularly the 12 per cent slab, to achieve a revenue-neutral structure, a senior official with direct knowledge of the matter

How Banks Plan To Tackle 'Mule' Fraud

How Banks Plan To Tackle 'Mule' Fraud

Rediff.com8 Aug 2024

'A mule operates someone else's account to transfer illegal money.'

The Lives PSU Bankers Lead

The Lives PSU Bankers Lead

Rediff.com15 Jul 2024

A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.

No relief for Cong as HC rejects pleas against tax re-assessment

No relief for Cong as HC rejects pleas against tax re-assessment

Rediff.com22 Mar 2024

The party has contested the reassessment proceedings, claiming they were barred by limitation.

Coalition Won't Block Modi's Reforms

Coalition Won't Block Modi's Reforms

Rediff.com29 Jun 2024

'The BJP's numbers in this government are almost the same as those enjoyed by the Congress under P V Narasimha Rao when the reform process was kicked off in 1991.' 'As before, the only constraints on the prime minister's actions are internal, not external.' 'They come from his own assessment of the political consequences of any action,' points out Mihir S Sharma.

M&M's growth engines roar to life, launches to drive gains

M&M's growth engines roar to life, launches to drive gains

Rediff.com13 May 2024

The stock of Mahindra & Mahindra (M&M) has been touching successive all-time highs on the bourses and, over the past year, gained 81 per cent. While the S&P BSE Auto Index has not performed poorly, registering gains of 73 per cent, it still trails the company by 800 basis points (bps) during this period. There are multiple reasons why investors are beating a path to M&M's counter.

Israel outweighs Iran in trade with India since 2019, shows data

Israel outweighs Iran in trade with India since 2019, shows data

Rediff.com23 Apr 2024

Trade links with Israel have strengthened in the past few years, even as the value of goods exchanged with Iran has diminished. Iran accounted for $3.9 billion worth of India's exports in the four quarters ending December 2019, compared to $3.6 billion to Israel. However, India's exports to Iran dropped to $1.2 billion as of December 2023, on a rolling four-quarter basis, while exports to Israel grew to $6.1 billion in the same period.

Rs 1,900 crore deficit likely to hit infrastructure projects in FY23

Rs 1,900 crore deficit likely to hit infrastructure projects in FY23

Rediff.com20 Apr 2022

The Parliamentary Standing Committee on Commerce has observed that a massive shortfall in the budgetary allocation of over Rs 1,900 crore by the finance ministry to the industry department may have an adverse impact on the implementation of infrastructure (infra) projects in 2022-23 (FY23). While the Department for Promotion of Industry and Internal Trade (DPIIT) had sought Rs 10,267 crore from the finance ministry for FY23, it received Rs 8,348-crore allocation. For the National Industrial Corridor Development & Implementation Trust (NICDIT), the finance ministry has allocated Rs 1,500 crore instead of Rs 2,400 crore demanded for the project.

CBIC Goes Soft On GST Investigations

CBIC Goes Soft On GST Investigations

Rediff.com23 Apr 2024

The principal commissioner has been made responsible for developing and approving any intelligence, conducting search, and completing investigations and relevant subsequent actions, including at the lower field formations, points out T N C Rajagopalan.