News for 'Industry Ministry'

Army tests defence systems in 'near-combat conditions'

Army tests defence systems in 'near-combat conditions'

Rediff.com31 May 2025

The Indian Army is conducting field trials of several cutting-edge defence systems under 'near-combat conditions', integrating electronic warfare simulations, to assess their performance rigorously, officials said on Saturday.

Digipin: Mapping Addresses Digitally

Digipin: Mapping Addresses Digitally

Rediff.com16 Jun 2025

Digipin promises to revolutionise location-based services in India with safeguards.

Budget 2024: MSME ministry gets 'positive' feedback on 45-day payment rule

Budget 2024: MSME ministry gets 'positive' feedback on 45-day payment rule

Rediff.com19 Jun 2024

The Ministry of Micro, Small and Medium Enterprises (MSME) has received "positive" feedback from industry regarding the 45-day payments cycle for MSMEs, according to a senior official familiar with the matter. The comment assumes significance amid concerns raised by some MSMEs that big companies may stop buying from small and medium suppliers and instead choose to make purchases from unregistered enterprises.

Foxconn's 'Plan B' to rescue iPhone production in India

Foxconn's 'Plan B' to rescue iPhone production in India

Rediff.com11 Jul 2025

A day after news emerged that Foxconn Technology Group was "forced" by Beijing to send back its Chinese engineers and technicians from its Tamil Nadu plant, sources indicate that the global electronics giant has already drawn up an alternative plan to rescue its India iPhone 17 production by bringing in experts from mainly Taiwan and the US.

India eyes 2000 GCCs beyond metro cities by yearend

India eyes 2000 GCCs beyond metro cities by yearend

Rediff.com9 Jul 2025

MeitY is in discussions with global Fortune 500 and Fortune 1000 companies, mid-tier firms, and state government officials on a three-pronged approach to setting up new GCCs in India.

Exports fall 2.17% in May; trade deficit narrows

Exports fall 2.17% in May; trade deficit narrows

Rediff.com16 Jun 2025

After registering a positive growth for two months, India's exports slipped into negative territory again, contracting 2.17 per cent year-on-year to $38.73 billion in May due to a fall in global petroleum prices, while trade deficit narrowed at $21.88 billion during the month.

Why Sensex closed at nearly two-month low on Monday

Why Sensex closed at nearly two-month low on Monday

Rediff.com29 Jul 2025

Titan, HCL Tech and State Bank of India were also among the laggards. However, Hindustan Unilever, Asian Paints, ICICI Bank, Power Grid, HDFC Bank and ITC were the gainers.

'Whole World Is Under A Cloud Of Uncertainty'

'Whole World Is Under A Cloud Of Uncertainty'

Rediff.com30 May 2025

The CII Business Summit 2025's inaugural session witnessed a rousing standing ovation and a felicitation ceremony for the defence top brass sending a strong message about India's rising military industrial complex and hghlghting that security is a top-of-the-mind issue for India Inc.

China used May conflict as 'live lab' to back Pak: Army deputy chief

China used May conflict as 'live lab' to back Pak: Army deputy chief

Rediff.com4 Jul 2025

'An important consideration was that we should always be at the top of the escalation ladder. When we reach a military objective, we should try and put a stop to it'

'Biggest Problem Industrialists Face Is From Politicians'

'Biggest Problem Industrialists Face Is From Politicians'

Rediff.com7 Jul 2025

'If you don't fulfil whatever they ask, you are in trouble.'

Draft Tax Bill 2025: Relief For LLPs On LTCG Front?

Draft Tax Bill 2025: Relief For LLPs On LTCG Front?

Rediff.com28 Jun 2025

'The original provision will be restored. AMT is meant only for those claiming deductions, not for firms earning regular income like capital gains,' a senior government official said.

'Mental Health Is Not Unique To Pilots'

'Mental Health Is Not Unique To Pilots'

Rediff.com17 Jul 2025

'AAIB preliminary report was more detailed than most people were expecting.'

How India plans to tackle possible import surge from China, others

How India plans to tackle possible import surge from China, others

Rediff.com7 Apr 2025

The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.

Why Is Foxconn Pulling Staff From India?

Why Is Foxconn Pulling Staff From India?

Rediff.com3 Jul 2025

The Foxconn move may have been prompted by the Chinese government's focus on strengthening its supply chain.

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.

Ola, Paytm crash up to 50% in H1 2025; are new-age stocks worth buying now?

Ola, Paytm crash up to 50% in H1 2025; are new-age stocks worth buying now?

Rediff.com9 Jul 2025

New-age stocks to buy: Most new-age stocks have turned out to be wealth destroyers in stock markets, so far, in calendar year 2025. Shares of Ola Electric Mobility, for instance, have plunged nearly 50 per cent in the first half of CY 2025, while those of Swiggy, PB Fintech, Paytm, and Eternal (Zomato) have crashed between 6 per cent and 25 per cent, ACE Equity data shows.

No disruption in ops due to rare earth magnet shortage: Maruti

No disruption in ops due to rare earth magnet shortage: Maruti

Rediff.com13 Jun 2025

Maruti Suzuki India (MSIL) said on Thursday its operations are unaffected by the global rare earth magnet shortage, but added that the situation is "uncertain and evolving". The firm said it is exploring multiple solutions to maintain continuity in operations and will notify stakeholders in case of material impact.

Soon, you can't keep your AC temperature below 20 degrees C

Soon, you can't keep your AC temperature below 20 degrees C

Rediff.com11 Jun 2025

The move is aimed at improving cooling efficiency, potentially reducing sudden power demand spikes, and cutting electricity bills.

Amitabh Kant resigns as G20 Sherpa, to begin new chapter

Amitabh Kant resigns as G20 Sherpa, to begin new chapter

Rediff.com16 Jun 2025

Kant, a retired 1980-batch Indian Administrative Service (IAS) officer of Kerala cadre, was appointed as India's G20 Sherpa in July 2022, months before India assumed the G20 Presidency.

Return to Bengal if harassed in BJP states: Mamata to migrant workers

Return to Bengal if harassed in BJP states: Mamata to migrant workers

Rediff.com29 Jul 2025

West Bengal Chief Minister Mamata Banerjee claims a Bengali-speaking woman and her child were threatened in Delhi after an alleged assault. She urges Bengali migrant workers in BJP-ruled states to return to Bengal if harassed and questions the absence of central commissions in BJP-ruled states when atrocities occur.

Indian team to soon visit Washington again for trade talks

Indian team to soon visit Washington again for trade talks

Rediff.com10 Jul 2025

An Indian commerce ministry team will soon visit Washington for another round of talks on the proposed trade agreement with the US to iron out differences in sectors, like agriculture and automobiles, a government official said on Thursday.

Indian Tourists Head To Southeast Asia

Indian Tourists Head To Southeast Asia

Rediff.com2 Jul 2025

'Countries like Cambodia, Vietnam, Laos, and the Philippines have a 50 per cent increase in bookings.'

4-day trade talks between India and US to start today

4-day trade talks between India and US to start today

Rediff.com14 Jul 2025

An Indian commerce ministry team has reached Washington for another round of talks from Monday on the proposed bilateral trade agreement (BTA), an official said. Chief negotiator of India and special secretary in the Department of Commerce, Rajesh Agrawal, will join the team on Wednesday.

Aatmanirbharta! Defence Ministry Bars Imports

Aatmanirbharta! Defence Ministry Bars Imports

Rediff.com15 May 2023

The Positive Indigenisation List includes Rs 715 crore worth of high-end materials and spares, the import of which will be permitted only until a date specified for each. After each one's import deadline elapses, it will have to be procured from the Indian industry.

China's naval chief, top nuclear scientist expelled in purge

China's naval chief, top nuclear scientist expelled in purge

Rediff.com27 Jun 2025

Vice Admiral Li Hanjun, chief of staff of the People's Liberation Army Navy (PLAN), and Liu Shipeng, deputy chief engineer of China National Nuclear Corporation, have been expelled from the National People's Congress (NPC), the Hong Kong-based South China Morning Post reported.

US agency rebukes media reporting on AI171 crash probe

US agency rebukes media reporting on AI171 crash probe

Rediff.com19 Jul 2025

The US federal agency, National Transportation Safety Board (NTSB), responsible for the investigation of aviation accidents and significant transportation events in the country, on Friday (local time) issued a strong rebuke of recent media coverage made over the preliminary investigative report on the aftermath of the ill-fated Air India 171 crash that claimed 260 lives in Gujarat's Ahmedabad last month.

FTA could lead to job losses for Indians in UK?

FTA could lead to job losses for Indians in UK?

Rediff.com19 May 2025

Sector analysts in India feel that the new convention may not lead to a significant increase in the number of Indian employees being sent to the UK.

Govt, UPI To Set Up Real-Time Payment Tripwire

Govt, UPI To Set Up Real-Time Payment Tripwire

Rediff.com4 Jul 2025

Google Pay, PhonePe, and Paytm may deliberately delay transactions, issue fraud alerts, and require an extra layer of user confirmation before processing any transactions that are likely to be classified as fraudulent.

Why Affordable Housing Will Remain Muted Despite Rate Cut

Why Affordable Housing Will Remain Muted Despite Rate Cut

Rediff.com10 Jul 2025

While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.

Modi's top 4 retain portfolios; Nadda gets health, Shivraj agri

Modi's top 4 retain portfolios; Nadda gets health, Shivraj agri

Rediff.com10 Jun 2024

Among the new entrants to the Union cabinet, former Madhya Pradesh chief minister Shivraj Singh Chouhan has been given the agriculture and rural development portfolios, Bharatiya Janata Party president J P Nadda the health portfolio and former Haryana chief minister Manohar Lal Khattar the power portfolio.

AI will bring in 'humongous changes': IT Minister Vaishnaw

AI will bring in 'humongous changes': IT Minister Vaishnaw

Rediff.com30 May 2025

'I think that kind of change is coming. We should stay prepared for that change, whichever industry or sector we are in, we must be prepared.'

Wholesale price inflation rises to 1.84% in Sep as food prices spike

Wholesale price inflation rises to 1.84% in Sep as food prices spike

Rediff.com14 Oct 2024

The wholesale price inflation rose to 1.84 per cent in September as food items, especially vegetables, turned costlier, as per the government data released on Monday. The wholesale price index (WPI)-based inflation was 1.31 per cent in August. It was (-)0.07 per cent in September last year.

Rs 23K crore electronics PLI scheme set to be rolled out in 3 weeks

Rs 23K crore electronics PLI scheme set to be rolled out in 3 weeks

Rediff.com9 Apr 2025

The government on Tuesday notified the Rs 22,919 crore scheme to promote domestic manufacturing of electronics components, display and camera modules, non-surface mount devices, multi-layer printed circuit boards and lithium-ion cells for digital applications, among others. The scheme is likely to be operationalised in the next 2-3 weeks.

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Rediff.com2 Jul 2025

In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Rediff.com22 May 2025

For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.

Aayush Goyal Is Headed To The North Pole!

Aayush Goyal Is Headed To The North Pole!

Rediff.com25 Jun 2025

Aayush will represent India on Rosatom's Arctic expedition aboard the 50 Let Pobedy nuclear icebreaker.

Film Body Wants Diljit Dosanjh Banned; He Reacts

Film Body Wants Diljit Dosanjh Banned; He Reacts

Rediff.com24 Jun 2025

Amid a storm surrounding his collaboration with Pakistani actress Hania Aamir, singer-actor Diljit Dosanjh has taken to social media with a cryptic message.

Govt To Target Coaching Centres

Govt To Target Coaching Centres

Rediff.com23 Jun 2025

The panel will examine the reasons behind the emergence of dummy schools and their role in encouraging full-time coaching at the cost of formal schooling, and will suggest ways to mitigate the issue.

Ceasefire, But Pakistan's Cyber War Continues

Ceasefire, But Pakistan's Cyber War Continues

Rediff.com26 May 2025

More than one million cybersecurity incidents were flagged within 10 days.

Tribals Fear New Threats As Naxalism Fades

Tribals Fear New Threats As Naxalism Fades

Rediff.com27 Jun 2025

If the threat from the 'Maovadis' (Maoists) is fading, the danger now lies with the 'MoUvadis' -- those who might exploit the resource-rich Abujhmad region through corporate or State-backed projects.