News for 'Market Development Assistance'

Stalin revokes order detaining 6 farmers under Goondas Act

Stalin revokes order detaining 6 farmers under Goondas Act

Rediff.com18 Nov 2023

The detention of one person under the Act, however, was not revoked as he has many cases pending against him.

Who Fared Better On Economy? Modi Or Manmohan

Who Fared Better On Economy? Modi Or Manmohan

Rediff.com15 Feb 2024

Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.

G20 Presidency: Time To Taper Expectations

G20 Presidency: Time To Taper Expectations

Rediff.com1 Sep 2023

India's role as a leader of the global south may require it to give up its ambition to serve as a bridge between the warring halves of the international community, points out Mihir S Sharma.

'For India, Sheikh Hasina is a reliable partner'

'For India, Sheikh Hasina is a reliable partner'

Rediff.com8 Jan 2024

'She delivers on promises, especially on security issues which is a core concern for India.'

Raveendran puts Rs 4K cr own wealth into Byju's

Raveendran puts Rs 4K cr own wealth into Byju's

Rediff.com6 Dec 2023

Byju Raveendran, founder of educational technology (edtech) firm Byju's, has injected around Rs 4,000 crore of personal capital into the company in recent months. This move comes as the company grapples with challenges, including securing fresh capital, delays in financial reporting, and legal disputes with lenders. "Raveendran has pledged personal property to assist the company in dealing with the crisis. "He conveyed to employees that despite perceptions of being a billionaire, he has reinvested a major portion of his wealth back into the company," said a person familiar with the matter.

Rich should remain committed to aid: India

Rich should remain committed to aid: India

Rediff.com23 Oct 2008

Contending that the world is not on track to achieve the Millennium Development Goals especially on poverty eradication front, India asked the industrial nations to show greater enthusiasm in fulfilling their pledges to Official Development Assistance and debt relief for poor nations, besides market access and technology transfer.

India gets $700 mn ADB loan for infrastructure development

India gets $700 mn ADB loan for infrastructure development

Rediff.com3 Oct 2013

The Asian Development Bank (ADB) has approved $700 million in loans to support the Indian government's efforts to accelerate investment in infrastructure which the country requires to ensure strong economic growth.

Export preparedness: Tamil Nadu takes top spot, Gujarat slips to 4th

Export preparedness: Tamil Nadu takes top spot, Gujarat slips to 4th

Rediff.com18 Jul 2023

After topping it for two consecutive years, Gujarat slipped three places on the NITI Aayog's Export Preparedness Index (EPI) for 2022, as Tamil Nadu emerged as the most export-ready state, the central think tank said in its report released on Monday. In a continuing trend, coastal states were found to have the most robust export infrastructure, which officials attributed to the integration of maritime trade into the core of their economies. Maharashtra and Karnataka retained their positions -- second and third, respectively; Haryana was ranked first among landlocked states and fifth overall.

Bharat Biotech's nasal Covid vaccine iNCOVACC launched

Bharat Biotech's nasal Covid vaccine iNCOVACC launched

Rediff.com26 Jan 2023

'iNCOVACC' is priced at Rs 800 for private markets and at Rs 325 for supplies to the government of India and state governments.

Soon, India will unveil the much-delayed foreign trade policy

Soon, India will unveil the much-delayed foreign trade policy

Rediff.com28 Jan 2015

The much-delayed Foreign Trade Policy (FTP), which will roll out steps to boost exports, is expected to be unveiled soon.

Sensex hits record high; closes at 62,273

Sensex hits record high; closes at 62,273

Rediff.com24 Nov 2022

Equity benchmark BSE Sensex closed at an all-time high of 62,272.68 on Thursday, tracking a firm trend in global markets after the US Fed minutes indicated a slower pace of rate increase that bolstered investors' sentiment. Extending its rally to the third straight day, the 30-share BSE benchmark rallied 762.10 points or 1.24 per cent to settle at 62,272.68, its record closing peak. During the day, it jumped 901.75 points or 1.46 per cent to its lifetime high of 62,412.33.he broader NSE Nifty gained 216.85 points or 1.19 per cent to end at 18,484.10.

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.'

Indian-Americans among 14 charged in $53-mn Covid relief fund fraud

Indian-Americans among 14 charged in $53-mn Covid relief fund fraud

Rediff.com7 Jul 2023

This case is the largest investigated by the Pandemic Response Accountability Committee Fraud Task Force to date, US Attorney for the Northern District of Texas Leigha Simonton said in a press release.

Any sops to assist the struggling Mutual Fund sector are welcome

Any sops to assist the struggling Mutual Fund sector are welcome

Rediff.com9 Jul 2014

The current debt market scenario is balanced from rates perspective.

SC asks Sebi to probe allegations against Adani group

SC asks Sebi to probe allegations against Adani group

Rediff.com2 Mar 2023

The Supreme Court on Thursday asked the Sebi to probe within two months allegations of stock price manipulation by the Adani group and any lapses in regulatory disclosures, and also set up a panel to look into protection of Indian investors after a damning report by a US short seller wiped out more than USD 140 billion of the conglomerate's market value. The top court while directing the setting up of a six-member committee headed by former apex court judge Justice A M Sapre for the assessment of the extant regulatory framework and for making recommendations to strengthen the process said it was appropriate to set up such a panel of experts in order to "protect Indian investors against volatility of the kind which has been witnessed in the recent past". The court-appointed Justice Sapre panel, which will be provided assistance by the Centre and other statutory agencies including the Sebi chairperson, will have to submit its report in a sealed cover within two months, said the bench which comprised Chief Justice D Y Chandrachud and Justices P S Narasimha and J B Pardiwala.

Hamas and Putin represent different threats, but...: Biden

Hamas and Putin represent different threats, but...: Biden

Rediff.com20 Oct 2023

Biden said over a year later Russian President Vladimir Putin has "failed and he continues to fail".

Joshimath crisis: Demolition of 2 unsafe hotels begin amid evacuation

Joshimath crisis: Demolition of 2 unsafe hotels begin amid evacuation

Rediff.com13 Jan 2023

In Delhi, Union Home Minister Amit Shah assessed the situation in Joshimath and steps taken to ameliorate people's hardship at a meeting attended by Union ministers Nitin Gadkari, R K Singh, Bhupendra Yadav and Gajendra Singh Shekhawat and top officials.

Big Tech Is Rushing To Train AI In Local Languages

Big Tech Is Rushing To Train AI In Local Languages

Rediff.com21 Feb 2023

Indian mobile and Web consumers speak in 30 languages and around 1,600 dialects.

Key mantra for India's pharma sector in 2023

Key mantra for India's pharma sector in 2023

Rediff.com21 Dec 2022

Reinvent and innovate will be the key mantra for the Indian pharma industry in the New Year as the 'pharmacy of the world' looks to move from volume to value leadership, amid emerging challenges of inflation and pricing pressures in the global markets. While R&D investment, market competitiveness, regulatory scrutiny, and domestic price regulations are expected to shape the growth of generics and injectable products, concerns such as price control and customs duties on medical equipment will continue to bother the healthcare industry in 2023. The industry believes that in view of India's G20 Presidency, digital health innovation, achieving universal health coverage, improving healthcare infrastructure and delivery will continue to be the key driving factors in 2023.

Several new players set to enter India's electric vehicle market

Several new players set to enter India's electric vehicle market

Rediff.com9 May 2018

A series of flip-flop on policies and a non-existent charging infrastructure are the biggest challenge in achieving the target of selling 6-7 million hybrid and electric vehicles by 2020.

The Many Portfolios Of Yogi Adityanath

The Many Portfolios Of Yogi Adityanath

Rediff.com4 Apr 2022

In his second term in office, UP Chief Minister Yogi Adityanath has retained 34 portfolios.

Kerala:8-year-old abducted from house, raped; accused found drinking

Kerala:8-year-old abducted from house, raped; accused found drinking

Rediff.com7 Sep 2023

The man was caught from near the Aluva bridge on Thursday evening where he was drinking alcohol. The suspect attempted to escape from the police by jumping into the nearby river and swimming away, but was caught with the help of local residents and pulled out of the water.

How Ajay Banga Can Change The World Bank

How Ajay Banga Can Change The World Bank

Rediff.com14 Apr 2023

The World Bank must become Archimedes's lever to help change the world into a more prosperous, inclusive, and sustainable planet in the 21st century. The change in leadership now provides that opportunity, observes Ajay Chhibber.

Finally, a shimmer of hope for the 'golden fibre'

Finally, a shimmer of hope for the 'golden fibre'

Rediff.com25 Sep 2022

In the early part of 1800, a 30-acre plot next to Fort Gloster on the banks of river Hooghly in Howrah district of Bengal was the nerve centre of industrial activity; it housed India's first steam-powered cotton mill, Bowreah Mills, which was set up by a British merchant and went on to become a hub of factories - a rum distillery, foundry, cotton yarn factory, an oil mill and a paper mill, et al. Spearheaded by Dwarkanath Tagore, the industrialist grandfather of Rabindranath Tagore, the commercial complex was possibly the first of its kind in the country. Close to 200 years later, after much ebb and flow of history, the hub is set for a resurgence of sorts.

FIFA-AIFF football development program in seven Indian states

FIFA-AIFF football development program in seven Indian states

Rediff.com27 Jul 2015

India has been termed the sleeping giant of world football by FIFA (Federation Internationale de Football Association) president Sepp Blatter, and to awaken the dormant potential of the region, the international football association has launched a new program in partnership with the football associations of seven Indian states.

RBI steps in to tame money market volatility

RBI steps in to tame money market volatility

Rediff.com9 Oct 2014

The big test will come at the end of March when the fiscal year ends and banks tend to hold on to cash.

US scientist who worked at Wuhan lab says Covid was manmade virus

US scientist who worked at Wuhan lab says Covid was manmade virus

Rediff.com5 Dec 2022

In what appears to be an astonishing revelation, a US-based scientist who worked at a controversial research lab in China's Wuhan, has said that Covid-19 was a "man-made virus" that leaked from the facility.

Food grains shouldn't go the way of COVID vaccines: India at UN

Food grains shouldn't go the way of COVID vaccines: India at UN

Rediff.com19 May 2022

The minister emphasised that India will play its due role in advancing global food security and it will do so in a manner in which it upholds equity, displays compassion, and promotes social justice.

Indian pharma industry seen to grow 9-11% in FY22

Indian pharma industry seen to grow 9-11% in FY22

Rediff.com4 Jan 2022

The Indian pharma industry is estimated to grow at 9-11 per cent in 2021-22 and in the next few quarters, it will be driven by domestic and emerging markets, according to ratings agency ICRA. In a sample of 21 Indian pharmaceutical companies, ICRA said revenue growth was moderate at 6.4 per cent in the second quarter of FY22, down from 16 per cent in the first quarter of 2021-22. The normalisation of the base and pricing pressures in the US market were the major reasons for slowing growth momentum in Q2 FY22, even as growth under domestic and emerging markets remained healthy, ICRA said in a statement.

Markets to remain volatile on global cues

Markets to remain volatile on global cues

Rediff.com18 Dec 2014

But experts say downside limited, pockets of opportunities for investors

10 IN-DEMAND JOBS

10 IN-DEMAND JOBS

Rediff.com3 Aug 2021

Professionals with sharp technical skills and knowledge of emerging markets will continue to be in demand, says Nikhil Barshikar, founder and CEO of Imarticus Learning, a tech learning and training company.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

Biden's point person on Russian sanctions to visit India

Biden's point person on Russian sanctions to visit India

Rediff.com30 Mar 2022

In New Delhi, Singh will continue US administration's ongoing consultations with India, and advance a range of issues in the US-India economic relationship and strategic partnership.

7 Most Sought-After Jobs In The World

7 Most Sought-After Jobs In The World

Rediff.com11 Feb 2022

The demand for full-stack developers in India have seen a 20% increase in the last one year.

Collateral-Free Debt Funding For Start-Ups

Collateral-Free Debt Funding For Start-Ups

Rediff.com25 Oct 2022

The credit guarantee cover under the scheme would be both transaction-based (for single eligible borrowers) and umbrella-based (for a group of eligible borrowers).

Ola to unveil one of India's 'fastest' cars; 0-100 Km/h in 4 seconds

Ola to unveil one of India's 'fastest' cars; 0-100 Km/h in 4 seconds

Rediff.com20 Aug 2022

Bhavish Aggarwal, the founder of ride-hailing firm Ola who disrupted the electric scooters market in the country, is planning to launch an electric sports car in 2024. The plan will put it in competition with Indian players, such as the Tata group and Mahindra & Mahindra, and global giants like Tesla and Hyundai. Aggarwal, recently, took a group of reporters to the firm's design studio at the Ola campus in Bengaluru where his teams are working on several EVs, including scooters, motorcycles, sedans, and SUVs - and even robotaxis.

Markets end marginally higher amid rangebound trades

Markets end marginally higher amid rangebound trades

Rediff.com24 Sep 2015

The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.

TCS Evolving Tech For EVs, Self-Driving Cars

TCS Evolving Tech For EVs, Self-Driving Cars

Rediff.com17 Jan 2023

'While we have done a few thousand kilometres in India, most of the testing and data collection and analysis has been done in the US, Japan and Europe.'

Tejas jet's oxygen plant for Covid use

Tejas jet's oxygen plant for Covid use

Rediff.com21 Apr 2021

The 'On-Board Oxygen Generation System' developed for the Tejas can produce 1,000 litres of oxygen every minute.

16 merchant banks in fray for lead managers to LIC IPO

16 merchant banks in fray for lead managers to LIC IPO

Rediff.com24 Aug 2021

Sixteen merchant banks are in the fray to act as book running lead managers (BRLM) for the initial public offering of Life Insurance Corporation of India (LIC). These merchant banks will have to make a presentation before the Department of Investment and Public Asset Management (DIPAM) on August 24-25. The shortlisted banks are BNP Paribas, Citigroup Global Markets India, BofA Securities, Goldman Sachs (India) Securities, HSBC Securities and Capital Markets(India), J.P. Morgan India, Nomura Financial Advisory and Securities (India), Axis Capital, DAM Capital Advisors, HDFC Bank, ICICI Securities, IIFL Securities, JM Financial, Kotak Mahindra Capital, SBI Capital Market, and Yes Securities India.