News for 'Industries Department'

Russia withdraws troops from annexed Ukrainian city

Russia withdraws troops from annexed Ukrainian city

Rediff.com1 Oct 2022

On Friday, Putin formally announced the annexation of four regions -- Donetsk, Luhansk, Kherson and Zaporizhia -- and claimed that "this is the will of millions of people".

India's rising medical devices imports hurt small and medium units

India's rising medical devices imports hurt small and medium units

Rediff.com19 Jul 2022

India's medical devices imports surged 41 per cent to touch Rs 63,200 crore in 2021-22, led by a 48 per cent year-on-year (YoY) jump in imports from China to Rs 13,538 crore, the commerce ministry data analysed by the Association of Indian Medical Device Industry (AiMeD) has showed. Local industry players say this has led to several small and medium units to shut shop. Rakesh Vaid of Usha Fabs, a garments exporter, had started making N95 masks in his Gurgaon factory during the peak of the Covid-19 pandemic.

Gujarat, Karnataka are best states for start-ups

Gujarat, Karnataka are best states for start-ups

Rediff.com4 Jul 2022

Gujarat and Karnataka have been ranked as the best performers in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Among smaller states having population of less than one crore, Meghalaya has been adjudged as the best performer. The rankings are based on the initiatives taken to develop the startup ecosystem for promoting budding entrepreneurs.

Why Was TN's Finance Minister Removed?

Why Was TN's Finance Minister Removed?

Rediff.com11 May 2023

Palanivel Thiaga Rajan was on the hit-list, not because the chief minister was unhappy with his performance, but because there were constant complaints from other ministers that he was sitting on their files far too long, observes N Sathiya Moorthy.

CMIE cuts industrial growth to 4.5% in 2003-04

CMIE cuts industrial growth to 4.5% in 2003-04

Rediff.com1 May 2003

Centre for Monitoring Indian Economy expects industrial growth to slow to 4.5 per cent during 2003-04, due to adverse impact of drought on rural spending.\n\n\n\n

FDI equity inflows dip 16% during Apr-Dec to $43.17 bn

FDI equity inflows dip 16% during Apr-Dec to $43.17 bn

Rediff.com25 Feb 2022

Foreign direct investment (FDI) equity inflows into India contracted by 16 per cent to $43.17 billion during the April-December 2021 period, according to data from the Department for Promotion of Industry and Internal Trade (DPIIT). The inflows had stood at $51.47 billion during the corresponding period of the previous year. The total FDI inflows (which includes equity inflows, re-invested earnings and other capital) aggregated at $60.34 billion during the nine month period of the current fiscal year as against $67.5 billion in the year-ago period.

'Dada, you will be missed'

'Dada, you will be missed'

Rediff.com24 Mar 2023

'Life was a canvas and Pradeep Sarkar painted with full intensity -- be it an ad film or a feature film.'

'Heat wave kills people on a large scale'

'Heat wave kills people on a large scale'

Rediff.com23 Feb 2023

'Already, the temperature has touched 39 degrees in some parts of Gujarat and now we are in the last week of February.' 'We need to activate the heat action plan from March 1.'

Those behind Balasore train crash have been identified: Rail minister

Those behind Balasore train crash have been identified: Rail minister

Rediff.com4 Jun 2023

Talking to reporters at the accident site, he said the issue is of electric point machine, a vital device for railway signalling, and electronic interlocking.

Modi to launch 5G services on Oct 1

Modi to launch 5G services on Oct 1

Rediff.com30 Sep 2022

Prime Minister Narendra Modi will launch the much-awaited 5G services in India on October 1, 2022, an official release said on Friday. According to the release, 5G to be launched by the Prime Minister in select cities, will progressively cover the entire country over the next couple of years. The cumulative economic impact of 5G on India is estimated to reach $450 billion by 2035. Capable of supporting ultra-high-speed internet services, the fifth generation or 5G is expected to unleash new economic opportunities and societal benefits, serving as a transformational force for Indian society.

Portfolios allocated to ministers in Rajasthan; Gehlot keeps 9, Pilot 5

Portfolios allocated to ministers in Rajasthan; Gehlot keeps 9, Pilot 5

Rediff.com27 Dec 2018

Apart from the chief minister and deputy chief minister, 13 cabinet and 10 ministers of state were allocated portfolios.

Lights back as Chandigarh power dept workers call off strike

Lights back as Chandigarh power dept workers call off strike

Rediff.com23 Feb 2022

Protesting employees of the city electricity department on Wednesday evening called off their strike while power supply has also been restored in the most parts of the city.

Ex-BPCL chief Arun Kumar Singh to head ONGC

Ex-BPCL chief Arun Kumar Singh to head ONGC

Rediff.com7 Dec 2022

Arun Kumar Singh, former chairman of oil refining and marketing company BPCL, was on Wednesday appointed chairman and managing director of ONGC -- the first instance of a retired person being appointed the head of a Maharatna PSU. "The Appointments Committee of Cabinet (ACC) has approved the proposal of ministry of petroleum and natural gas for appointment of Arun Kumar Singh, ex-CMD, BPCL as chairman, ONGC for a three-year tenure with effect from the date of his assumption of charge of the post," an official order said. PTI first reported of Singh's appointment on November 17.

'Most countries won't forgive deaths of children'

'Most countries won't forgive deaths of children'

Rediff.com22 Nov 2022

'The deaths of the children in the Gambia would batter India's reputation as the developing world's pharmacy.'

5 workers killed in explosion at industrial unit in Thane

5 workers killed in explosion at industrial unit in Thane

Rediff.com26 May 2016

The intensity of the blast was so high that window panes in adjoining buildings were shattered and shocked people were seen running helter-skelter, an eyewitness said.

Will Partha's arrest in SSC scam impact Mamata?

Will Partha's arrest in SSC scam impact Mamata?

Rediff.com10 Aug 2022

After the Trinamool's overwhelming majority in the West Bengal assembly elections last year, the SSC scam has given fresh ammunition to the Bharatiya Janata Party and the Communist Party of India-Marxist. Ishita Ayan Dutt reports.

Single ITR form with focus on cryptos likely

Single ITR form with focus on cryptos likely

Rediff.com2 Nov 2022

The Central Board of Direct Taxes (CBDT) has proposed a new common income-tax return (ITR), with greater focus on disclosing income from virtual digital assets or crypto assets and foreign equity and debt instruments held by resident Indians. For non-resident Indians, the draft ITR seeks exhaustive details ranging from nature of business, permanent establishment (PE), business connection, whether the entity has significant economic presence (SEP) in India, along with the number of users in India. The ITR protocol for NRIs could widen the scope of the SEP principle that was introduced in the Finance Bill 2018-19, and the explicitly defined 'business connection' to include provision of download of data or software, if aggregate payments from such transactions exceed a prescribed amount, or if a multinational's interaction is with a prescribed number of users.

As El Nino returns with hotter summer, India braces for impact on monsoon

As El Nino returns with hotter summer, India braces for impact on monsoon

Rediff.com30 Jan 2023

Several global models are predicting El Nio to appear around the second half of the year, which are the crucial rain-bearing months.

Despite pandemic, investors are flocking to Tamil Nadu

Despite pandemic, investors are flocking to Tamil Nadu

Rediff.com17 Aug 2020

Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.

'Modi has moved foreign policy from elite to masses'

'Modi has moved foreign policy from elite to masses'

Rediff.com5 Jul 2023

'For the first time since I've been following Indian politics, one heard voters talking about India's role on the world stage and the fact that, due to Modi's leadership, India was once again a great power.'

India's decision on FDI a positive step: US defence industry

India's decision on FDI a positive step: US defence industry

Rediff.com18 Jul 2013

There is unlikely to be a rush towards the country unless New Delhi is ready with fairly applied regulations.

US industries want change in India's drug policy

US industries want change in India's drug policy

Rediff.com21 Apr 2003

India's drug policy of stringent price control regime is a major concern for United States industries because it creates obstacles to maintaining viable businesses in the country, according to a report by the United States Trade Representative.

Vizhinjam Port: Between Protest, Promise And Reality

Vizhinjam Port: Between Protest, Promise And Reality

Rediff.com1 Dec 2022

Big-ticket investments taking off is crucial for Kerala given the years it lost to labour militancy courtesy the same political forces currently in power, explains Shyam G Menon.

15 more firms selected under PLI scheme for white goods

15 more firms selected under PLI scheme for white goods

Rediff.com28 Jun 2022

As many as 15 companies, including Adani Copper Tubes, LG Electronics and Wipro Enterprises, with committed investment of Rs 1,368 crore, have been selected as beneficiaries under the PLI scheme for the white goods sector, the government said on Tuesday. In March, the commerce and industry ministry had reopened the application window for its Rs 6,238-crore PLI scheme for white goods -- air-conditioners (ACs) and LED lights-- with an aim to accommodate more players as several firms had expressed interest in the initiative. Last year, as many as 46 firms, including Daikin, Panasonic, Syska and Havells, with committed investment of Rs 5,264 crore were selected in the first round the scheme.

PM kicks off 'Rozgar Mela' to provide 10 lakh jobs

PM kicks off 'Rozgar Mela' to provide 10 lakh jobs

Rediff.com22 Oct 2022

In his address after more than 75,000 people were given appointment letters for various government jobs in the first tranche, Modi acknowledged the challenges facing the economy the world over with many countries hit by a record inflation and unemployment and said India is making every effort to come out of the situation unscathed.

Will parties pay heed to concerns of Bhuj's earthquake survivors, experts?

Will parties pay heed to concerns of Bhuj's earthquake survivors, experts?

Rediff.com27 Nov 2022

As the election approaches, the earthquake survivors and the scientists urge political parties to take note of warning signs before it's too late.

43 ministers in Mamata's cabinet take oath

43 ministers in Mamata's cabinet take oath

Rediff.com10 May 2021

Three TMC leaders Amit Mitra, Bratya Basu and Rathin Ghosh were sworn-in virtually. Mitra is unwell and both Basu and Ghosh are recuperating from COVID-19.

How gold is being imported under the guise of platinum

How gold is being imported under the guise of platinum

Rediff.com13 Sep 2022

Thanks to an ambiguous law on the import of platinum alloys, some bullion importers are making big profits. A handful of them are importing refined gold cloaked as platinum alloy. Gold attracts 15 per cent import duty, as opposed to platinum alloy that invites a duty of 10.75 per cent. Industry sources say this is a case of mis-declaration and duty violation.

We have 4-5 dharmas, they should...: Javed Akhtar on 'Pathaan' row

We have 4-5 dharmas, they should...: Javed Akhtar on 'Pathaan' row

Rediff.com10 Jan 2023

The screenwriter said every 'dharma' (religion) should have its own censor board.

US report flags 'downward trend of democratic values' in India

US report flags 'downward trend of democratic values' in India

Rediff.com10 Feb 2023

As the United States focuses on the Indo-Pacific, in particular the Quad, the Biden administration needs to address India's ties with Russia and its 'downward trend of democratic values and institutions', said a report by the Democratic Party of the Senate Foreign Affairs Committee.

Rs 62,000 Crore GST Evasion Detected

Rs 62,000 Crore GST Evasion Detected

Rediff.com26 Dec 2022

'There are unscrupulous traders who create fake invoices by showing bogus e-way bills, movement of goods.' 'Since the entities registered across different states, and kept on changing their numbers, tracing them was difficult.'

Govt likely to miss capex target for FY 21-22

Govt likely to miss capex target for FY 21-22

Rediff.com14 Apr 2022

Only 80.6 per cent of the Rs 6-trillion allocation has been spent by February, data from the Controller General of Accounts shows.

India's first Islamic bank to start in Kerala

India's first Islamic bank to start in Kerala

Rediff.com1 Sep 2009

Kerala State Industrial Development Corporation, which is the designated agency for the formation of the bank, will have 11 per cent stake in the proposed banking company.

Haryana officer who asked cops to 'break farmers heads' shifted

Haryana officer who asked cops to 'break farmers heads' shifted

Rediff.com1 Sep 2021

Chief Minister Manohar Lal Khattar had earlier admitted that the choice of words by Ayush Sinha, a 2018-batch IAS officer, was wrong but had defended the police action.

Will sub-par monsoon dent market sentiment?

Will sub-par monsoon dent market sentiment?

Rediff.com22 Apr 2023

While weather forecasters remain divided on how the monsoons will play out in India over the next few months, analysts believe the news at the current juncture - at best - can trigger a knee-jerk reaction in the markets. They believe it is too early to say whether the sub-par monsoon on account of El Nino can seriously dent the market sentiment in the short-to-medium term. "These are just initial forecasts and we will have another round / status update from the weather forecasters a month down the line.

WWE chief Vince McMahon to retire amid probe into misconduct claims

WWE chief Vince McMahon to retire amid probe into misconduct claims

Rediff.com24 Jul 2022

McMahon was being investigated by the board for agreements to pay $12 million over the past 16 years to suppress allegations of sexual misconduct

Power outage: Jalandhar MSMEs' new struggle

Power outage: Jalandhar MSMEs' new struggle

Rediff.com20 May 2022

With the Covid-19 pandemic showing signs of ebbing and economic activity picking up, factory owners in Jalandhar had hoped that the worst was over. However, the heat wave in April and extensive power cuts that came with it, have crushed their hopes. The city's large number of micro, medium and small enterprises (MSMEs) are now gearing up for yet another struggle, this time to survive with the shortage of power that is severely impacting their operations.

US readies plan to eliminate visa wait time in India

US readies plan to eliminate visa wait time in India

Rediff.com18 Jan 2023

The US is 'putting every ounce of its energy' to eliminate the long visa wait time in India, including sending a cadre of consular officers to the country and opening up its other overseas embassies as far away as Germany and Thailand for Indian visa applicants, according to a senior US visa officer. India was one of the very few countries where applications for US visas saw a major upswing after coronavirus-related travel restrictions were lifted. There have been growing concerns in India over the long waiting period for first time visa applicants, especially for those applying under B1 (business) and B2 (tourist) categories.

'AI is going to be used as a weapon by the bad guys'

'AI is going to be used as a weapon by the bad guys'

Rediff.com17 Oct 2022

'This is a race where every technology can be used by the bad guys and good guys.'

Tollywood star Ravi Teja appears before ED in drugs case

Tollywood star Ravi Teja appears before ED in drugs case

Rediff.com9 Sep 2021

Ravi Teja is among the over 10 Tollywood (Telugu film industry) personalities, including actors and directors, to be summoned by the ED.