News for 'Industries Department'

Manjummel Boys Is Better Than Titanic!

Manjummel Boys Is Better Than Titanic!

Rediff.com30 Mar 2024

Manjummel Boys is a largely conventional, commercial movie. But given the rather curvy observations that do stay intact in the film, Rohit Sathish is tempted to think what an even braver, more ambitious film would have done.

27 killed in lightning strikes as rain batters Gujarat

27 killed in lightning strikes as rain batters Gujarat

Rediff.com27 Nov 2023

The rains were being caused due to a cyclonic circulation lying over north east Arabian sea and adjoining Saurashtra and Kutch regions, the IMD said in its bulletin.

Crisis forgotten as Maha govt issues orders worth crores over 4 days

Crisis forgotten as Maha govt issues orders worth crores over 4 days

Rediff.com24 Jun 2022

Even as the Shiv Sena-led Maha Vikas Aghadi dispensation is currently facing a survival crisis due to a rebellion by Sena minister Eknath Shinde, the departments -- mostly controlled by ruling allies Nationalist Congress Party and Congress -- have issued government orders for the release of funds for various development-related works worth thousands of crores in the last four days.

Walmart looking at sourcing toys, shoes, bicycles from India

Walmart looking at sourcing toys, shoes, bicycles from India

Rediff.com21 May 2023

US-based retail giant Walmart is looking to source toys, shoes and bicycles from Indian suppliers as the company is targeting to increase its exports from India to USD 10 billion annually by 2027. The company also wants to develop new suppliers in categories such as food, pharmaceuticals, consumables, health and wellness, and apparel and home textiles, a company spokesperson told PTI. Officials from the Bentonville-headquartered firm recently held a virtual meeting with several domestic toy manufacturers in India.

'I found myself deeply moved by...'

'I found myself deeply moved by...'

Rediff.com12 Mar 2024

'I had the opportunity to portray a wildlife crime fighter on screen, which allowed me to express my concern for society, wildlife, and the environment. I strongly believe that humans share this planet with countless other species and hold immense respect for every living creature.'

Nagaland: CM Rio distributes portfolios, keeps finance with him

Nagaland: CM Rio distributes portfolios, keeps finance with him

Rediff.com10 Mar 2023

Rio also appointed 24 MLAs as 'advisors' to various departments in his opposition less government.

Bird flu: The Rs 90,000 cr poultry industry is in a fix

Bird flu: The Rs 90,000 cr poultry industry is in a fix

Rediff.com22 Jul 2021

The death of a 11-year-old boy due to 'bird-flu', even before the devastating effects of the second Covid wave have waned, has alarmed the medical fraternity though they assert that human-to-human transmission of H5N1 virus is extremely rare. The event has also put the Rs 90,000 crore domestic poultry industry which was seeing some uptick in demand after months of low sales last year into a spot of bother, as any curb on sale or production of eggs or chicken could have a devastating impact on its revenues. It is estimated that around 60 million people are directly impacted by the poultry sector in India. H5N1 virus, also commonly known as bird flu, is known to spread from chickens but other birds such as ducks and crow are also carriers of the virus.

After historic 2023, ISRO is ready for packed 2024

After historic 2023, ISRO is ready for packed 2024

Rediff.com30 Dec 2023

The new year will witness two unmanned missions under the "Gaganyaan" project, deep ocean exploration project, "Samudrayaan" and many more.

Numbers Don't Add Up For BJP In Tamil Nadu

Numbers Don't Add Up For BJP In Tamil Nadu

Rediff.com19 Apr 2024

Indications are that the DMK combine will win more seats than the AIADMK and BJP, but is facing a tough fight in about half a dozen from the rest, predicts N Sathiya Moorthy of the electoral contest in Tamil Nadu.

Ravneet Kaur: An IAS officer with varied experience

Ravneet Kaur: An IAS officer with varied experience

Rediff.com17 May 2023

The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.

Tripura CM allots portfolios; keeps home, health

Tripura CM allots portfolios; keeps home, health

Rediff.com10 Mar 2023

Saha has kept the home, health and family welfare and public works department with him while Ratan Lal Nath has been given the charge of power, agriculture and farmers' welfare, according to an official notification issued by Chief Secretary J K Sinha.

To become developed nation by 2047, India needs stronger army: Rajnath

To become developed nation by 2047, India needs stronger army: Rajnath

Rediff.com1 Oct 2023

Describing the DAD as the "guardian of defence finance", he emphasised the need to bolster the internal vigilance mechanism so that any suspicious activity can be detected and reviewed immediately.

Electoral Bonds: 'No Setback For BJP'

Electoral Bonds: 'No Setback For BJP'

Rediff.com15 Feb 2024

'It's not really going to bring about purity in the election process.'

The Battle For Satellite Spectrum

The Battle For Satellite Spectrum

Rediff.com27 Dec 2023

While the market for satellite broadband currently is small, the potential is large as an estimated 30 per cent of the country does not have reliable terrestrial broadband services.

'There's a de-emphasis on divestment'

'There's a de-emphasis on divestment'

Rediff.com12 Feb 2024

'We now look at divestment as an opportunity for maximising the value of public assets, not necessarily as a short-term resource-raising measure.'

Is There Time For A Reset For Paytm?

Is There Time For A Reset For Paytm?

Rediff.com12 Feb 2024

Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.

Regulatory relook: Move to push firms away from in-house RTAs on the cards

Regulatory relook: Move to push firms away from in-house RTAs on the cards

Rediff.com3 Oct 2023

The Securities and Exchange Board of India (Sebi) plans to roll out a new regulatory framework for registrar and transfer agents (RTAs) - the market intermediaries responsible for the record-keeping of bondholders and shareholders after a company offers securities to the public. The markets regulator, sources said, is considering a multifold increase in net-worth requirement, a move that may dissuade companies from having in-house RTAs for record-keeping. At present, the minimum net worth required for RTAs is Rs 50 lakh and Rs 25 lakh in categories I and II, respectively.

Sangma keeps heavyweight portfolios with NPP, allies get rest

Sangma keeps heavyweight portfolios with NPP, allies get rest

Rediff.com9 Mar 2023

Meghalaya Chief Minister Conrad K Sangma retained the key departments for his National Peoples Party, and gave the lesser politically significant ones to alliance partners Bharatiya Janata Party, Hill State Peoples Democratic Party and United Democratic Party as he allocated portfolios on Thursday.

Expert panel to look into Kerala varsity stampede that claimed 4 lives: Govt

Expert panel to look into Kerala varsity stampede that claimed 4 lives: Govt

Rediff.com26 Nov 2023

State higher education minister R Bindhu has directed a three-member team, comprising the principal secretary of higher education, and Cochin University's vice-chancellor and registrar, to inquire into the stampede incident, an official release said.

23 companies in race for ISRO's small satellite launch vehicle technology

23 companies in race for ISRO's small satellite launch vehicle technology

Rediff.com14 Sep 2023

As many as 23 companies have evinced interest in acquiring the Indian space agency's Small Satellite Launch Vehicle technology, said a top official who termed it a "tremendous response". Chairman of Indian National Space Promotion and Authorisation Centre (IN-SPACe) Pawan K Goenka said on Thursday that they are keen to see how the private sector uses the Small Satellite Launch Vehicle (SSLV) technology. "There has been a tremendous response, 23 companies have (so far) shown interest in applying for this technology.

Market concentration of telecom sector leaders rises to 72% in FY23

Market concentration of telecom sector leaders rises to 72% in FY23

Rediff.com20 Jun 2023

Market concentration in the country's telecom sector continues to scale new heights despite government bailouts of public-sector Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), and private-sector Vodafone Idea. The combined revenue (or net sales) share of the country's top two telecom operators - Bharti Airtel and Reliance Jio - in the sector's total reached an all-time high of nearly 72 per cent in FY23 from 70.4 per cent in FY22 and around 60 per cent in FY20. The net sales of Reliance Jio and Bharti Airtel India were Rs 1.67 trillion in FY23, up 18.6 per cent from the Rs 1.4 trillion a year earlier.

'Mumbai will always be vulnerable'

'Mumbai will always be vulnerable'

Rediff.com6 Dec 2023

'If we have to restrict and fight terrorism, first and foremost, we have to ensure communal harmony in the country.'

Is Technology Important In Banking?

Is Technology Important In Banking?

Rediff.com14 Mar 2024

'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'

Air India unions seeks labour dept's 'urgent' intervention

Air India unions seeks labour dept's 'urgent' intervention

Rediff.com30 Dec 2022

A joint forum of Air India unions on Friday sought the labour department's 'urgent' intervention and initiation of conciliation proceedings in the matter of their passage policy and service conditions. On December 24, the forum comprising IPG, ACEU, AIEU and AICCA, in its demand notice to Air India managing director and chief executive officer Campbell Wilson, had protested against the changes in their service conditions. Tata Group took control of the then government-led Air India in January this year.

Himachal Rain Havoc Devastates Business

Himachal Rain Havoc Devastates Business

Rediff.com25 Aug 2023

Tourism is badly affected. Entire apple orchards have been washed away. 2 million people are threatened with loss of livelihood.

AMCs' contribution to backstop fund for debt MFs tops target

AMCs' contribution to backstop fund for debt MFs tops target

Rediff.com29 Nov 2023

The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). The initial corpus for the Corporate Debt Market Development Fund (CDMDF) is nearly Rs 3,100 crore, according to multiple government officials and AMC executives. "The fund is operational now. "The required corpus has been raised by AMCs and the remaining part (Rs 30,000 crore) is in the form of a guarantee from the government which will be activated only in case of a credit event," explained D P Singh, joint CEO and deputy MD, SBI MF.

3 Bangladeshi tourists dead as houseboat catches fire in Dal Lake

3 Bangladeshi tourists dead as houseboat catches fire in Dal Lake

Rediff.com11 Nov 2023

Three tourists from Bangladesh were charred to death in a major blaze in a houseboat on the famous Dal Lake on Saturday, officials in Srinagar said.

Rajasthan to witness 50k weddings on polling day

Rajasthan to witness 50k weddings on polling day

Rediff.com9 Oct 2023

Dev Uthani Ekadashi will be observed on November 23, when voting for the 200-member Rajasthan assembly will also be held.

'Angel tax' provisions in Finance Bill will not impact startups

'Angel tax' provisions in Finance Bill will not impact startups

Rediff.com21 Feb 2023

The 'angel tax' provision in the Finance Bill will not impact startups in India, a senior government official said on Tuesday. Startups which are registered with the Department for Promotion of Industry and Internal Trade do not come under the purview, Anurag Jain, the secretary in the department said while speaking at the IVCA Conclave. "Let me put one thing very clearly. It doesn't affect startups in the least," he said, addressing the audience at the event organized by the venture capital industry lobby grouping.

ISRO, NASA in talks to place Indian on ISS next year

ISRO, NASA in talks to place Indian on ISS next year

Rediff.com8 Sep 2023

India and the US on Friday said they have started talks to put in place a strategic framework for human space flight by year-end as they plan to send an Indian astronaut to the International Space Station in 2024.

Industries in rural areas allowed to operate from April 20

Industries in rural areas allowed to operate from April 20

Rediff.com15 Apr 2020

Fresh guidelines issued by the Union home ministry on Wednesday permit industries operating in rural areas to run from April 30 with strict social distancing norms.

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Govt allocates Rs 928 cr to CBI, down by Rs 40 cr from FY 2024

Rediff.com1 Feb 2024

The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.

What India, US, Saudi Arabia, UAE Discussed

What India, US, Saudi Arabia, UAE Discussed

Rediff.com9 May 2023

National Security Advisor Ajit Doval on Sunday, May 7, 2023, held a meeting with his US counterpart Jake Sullivan, United Arab Emirates counterpart Sheikh Tahnoun bin Zayed Al Nahyan and Saudi Arabia Crown Prince and Prime Minister Mohammad bin Salman bin Abdulaziz Al Saud and discussed means to strengthen ties between the countries.

Vistara's Delhi-Pune flight delayed over bomb threat call

Vistara's Delhi-Pune flight delayed over bomb threat call

Rediff.com18 Aug 2023

Authorities at the Delhi airport on Friday searched a Vistara aircraft, which was to leave for Pune, following a bomb threat but nothing suspicious was found, the police said.

LIC IPO: Govt to review & simplify FDI policy

LIC IPO: Govt to review & simplify FDI policy

Rediff.com7 Jan 2022

The government is working towards further review and simplification of the foreign direct investment (FDI) policy to facilitate the proposed initial public offering (IPO) of the Life Insurance Corporation (LIC), Department for Promotion of Industry and Internal Trade (DPIIT) secretary Anurag Jain said on Thursday. The final decision will be taken by the Cabinet. The industry department is working together with the finance ministry's department of financial services (DFS) and department of investment and public asset management (DIPAM) towards a successful listing of the life insurer on the domestic bourses, which is expected to be the largest in India.

Ammonia gas leak in fertilizer plant in Chennai; 52 hospitalised

Ammonia gas leak in fertilizer plant in Chennai; 52 hospitalised

Rediff.com27 Dec 2023

A number of persons fainted after experiencing 'burning sensation' in their throat and chest. Many people who were asleep woke up in panic and scurried out of their homes and alerted neighbours and all of them soon reached the main roads unsure of what to do.

'Rohit Shetty's Copverse has made Cops Heroes'

'Rohit Shetty's Copverse has made Cops Heroes'

Rediff.com17 Jan 2024

'Indian Police Force encapsulates the same spirit, the essence of scale, the essence of action and that riveted rhythm that Rohit Shetty brings about, but is complete with absolute realism.'

Delhi's air quality likely to dip, anti-pollution plan kicks in

Delhi's air quality likely to dip, anti-pollution plan kicks in

Rediff.com21 Oct 2023

Delhi's 24-hour average air quality index (AQI) stood at 248 on Saturday.

Why Kanpur leather industry has started shifting to Kolkata

Why Kanpur leather industry has started shifting to Kolkata

Rediff.com5 Apr 2019

Closure of tanneries pulls down domestic finished leather exports and local price of raw-skin.

IT Hiring Slowdown Worries Students

IT Hiring Slowdown Worries Students

Rediff.com13 Nov 2023

'Students of Tier-II and Tier III engineering colleges in the south may find 2023 to be one of the toughest years for getting jobs.'