News for 'National Investment Commission'

Farm laws: Centre to take states route

Farm laws: Centre to take states route

Rediff.com29 Nov 2021

'As far as contract farming is concerned, we already have a model Act and states will be encouraged to adopt them.'

What is keeping wealthy investors shy away from equity related investments

What is keeping wealthy investors shy away from equity related investments

Rediff.com21 Feb 2014

The recent NSEL crisis has prompted even rich and diehard equity investors to shift to safer fixed income products.

BJP's Karnataka Rout: A Defeat Foretold

BJP's Karnataka Rout: A Defeat Foretold

Rediff.com13 May 2023

The rising pitch of road shows and long rallies with hectoring pitches seem to have exhausted and numbed the audiences, rather than motivating them to vote for the party, observes Shreekant Sambrani.

India gets $19.78 bn FDI from nations Modi visited

India gets $19.78 bn FDI from nations Modi visited

Rediff.com5 Aug 2015

Total outflow and inflow of foreign investment in general for 2014-15 fiscal was $6.42 bn and $75.71 bn, respectively

Odisha: Of unkept promises and chasing big-ticket investments

Odisha: Of unkept promises and chasing big-ticket investments

Rediff.com12 Jul 2016

A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.

Contemporary epicentre of terrorism very much active, Jaishankar tells UNSC

Contemporary epicentre of terrorism very much active, Jaishankar tells UNSC

Rediff.com15 Dec 2022

Jaishankar, who presided over the UNSC Briefing: Global Counterterrorism Approach: Challenges and Way Forward, described terrorism as an existential threat to international peace and security and said it knows no borders, nationality, or race.

Government staff may invest 50% of pension fund in stock market

Government staff may invest 50% of pension fund in stock market

Rediff.com4 Apr 2016

PFRDA will invite bids to appoint pension fund managers.

India has conveyed its stance on remarks about Prophet to Qatar: MEA

India has conveyed its stance on remarks about Prophet to Qatar: MEA

Rediff.com6 Jun 2022

India on Monday played down the controversy over the derogatory remarks by a Bharatiya Janata Party leader, saying its ambassador to Qatar has already conveyed its position to the Gulf country and there was nothing new to add.

Govt enhances PLI scheme for domestic solar cells

Govt enhances PLI scheme for domestic solar cells

Rediff.com1 Feb 2022

Finance Minister Nirmala Sitharaman on Tuesday proposed enhancing the funding under the PLI scheme for domestic solar cells and module manufacturing to Rs 24,000 crore from the existing Rs 4,500 crore to make India an exporting nation. "For facilitating domestic manufacturing for the ambitious goal of 280GW of installed solar capacity by 2030, an additional allocation of Rs 19,500 crore for PLI scheme for manufacturing of high efficiency (solar) modules with priority of fully integrate manufacturing units for polysilicon to solar PV modules will be made," Sitharaman said in her Budget speech in the Lok Sabha. In April 2021, the Union Cabinet approved a Rs 4,500 crore production linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules.

254 Indian millionaires used 'golden visa' route to UK in 12 years: Report

254 Indian millionaires used 'golden visa' route to UK in 12 years: Report

Rediff.com12 Jul 2021

A total of 254 millionaires from India have used the so-called "golden visa" to settle down in the UK through a large investment into the country since the route opened in 2008, according to a new report released by a UK-based anti-corruption charity on Monday. Spotlight on Corruption said that Indians ranked as the seventh nationality of super-rich to have availed of the Tier 1 (Investor) Visa, adding up to 254 between 2008 and 2020. China topped the list at 4,106, followed by Russia (2,526), Hong Kong (692), the United States (685), Pakistan (283) and Kazakhstan (278) ahead of India.

Why Short-Sellers Like Hindenburg Matter

Why Short-Sellers Like Hindenburg Matter

Rediff.com8 Feb 2023

Strange souls see a research report on an Indian conglomerate as part of a vast conspiracy to Keep India Down. There is only one possible response to this: Grow up. Nobody in the West cares enough about India or Adani to put all the effort into creating a giant conspiracy that links together BBC documentaries and short-sellers, points out Mihir S Sharma.

What does the future hold for NaBFID?

What does the future hold for NaBFID?

Rediff.com21 Dec 2021

This month, advertisements for managing directors and the senior management team for the National Bank for Financing Infrastructure and Development or NaBFID, should be out, signalling the start of a financial institution (FI) like no other the country has ever had. For this and other reasons government managers associated with the NaBFID project are convinced it should remain a 100 per cent government-owned entity. This is somewhat different from what former economic affairs secretary Tarun Bajaj said when the NaBFID Bill was being tabled in Parliament earlier this year: "To begin with, it will be 100 per cent government owned.

'Unemployment is unprecedented'

'Unemployment is unprecedented'

Rediff.com27 Jan 2022

'In May 2020-2021, nearly 10 crores (100 million) lost jobs. 'Covid is not the reason for the present crisis. It aggravated the crisis.'

Modi's Cult Of Personality

Modi's Cult Of Personality

Rediff.com10 Mar 2023

'It was more than ego.' 'It carried with it a sincere belief that he was the quintessence of the country, that the country's destiny was irrevocably intertwined with his destiny.' An excerpt from T J S George's The Dismantling of India: In 35 Portraits.

As India watches, China grows powerful in Sri Lanka

As India watches, China grows powerful in Sri Lanka

Rediff.com8 Jun 2021

Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).

Own Goal! Europe's Protests Over Qatar's Human Rights

Own Goal! Europe's Protests Over Qatar's Human Rights

Rediff.com26 Oct 2022

The rumblings of discontent from Righteous Europe over Qatar's admittedly appalling human rights record can only be viewed as deeply disingenuous and phoney, argues Kanika Datta.

Amazon-Future battle: More skeletons tumble out of closet

Amazon-Future battle: More skeletons tumble out of closet

Rediff.com15 Nov 2021

Future Retail's (FRL's) independent directors have written a second letter to the Competition Commission of India (CCI), stating American e-commerce major Amazon never intended to invest in Future Coupons (FCPL) and the representations made by the US e-commerce player were completely opposite and contradictory to their own internal correspondences as submitted before courts. The directors also wrote to CCI that Amazon has obtained approval by making deliberate misrepresentations. By actively misleading the CCI and the regulator, it has to revoke the approval granted for Amazon's investment in FCPL.

Why Not A Woman As AMU's VC?

Why Not A Woman As AMU's VC?

Rediff.com22 Mar 2023

Professor Mustafa should take some inspiration from the prime minister and start advocating for a Pasmanda or a woman, preferably from outside UP/Hyderabad, to be appointed vice chancellor of Aligarh Muslim University this time. That should be a fitting tribute to the vision of the prime minister.

Hounded out of Kerala, says industrialist as Telangana welcomes him

Hounded out of Kerala, says industrialist as Telangana welcomes him

Rediff.com9 Jul 2021

Ahead of talks with the Telangana government over his investment plans, chairman of the Kitex group Sabu Jacob, who has backed out from a Rs 3,500 crore project in Kerala, on Friday said he was not leaving his home state on his own, but was being "hounded out".

ED to quiz J'khand mining secy Pooja Singhal in MGNREGA fraud case

ED to quiz J'khand mining secy Pooja Singhal in MGNREGA fraud case

Rediff.com9 May 2022

Recorded versions or bhajans being recited by those present at the temples were played out at around 5 am to counter the morning azaan being recited on the loudspeakers.

Modi meets top American CEOs in first engagement in US

Modi meets top American CEOs in first engagement in US

Rediff.com23 Sep 2021

Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with leading American CEOs from five different key sectors and highlighted the economic opportunities in India.

Will Supreme Court verdict help EPS win by-election?

Will Supreme Court verdict help EPS win by-election?

Rediff.com23 Feb 2023

Though another 75 candidates are in the fray, the Elangovan-Thennaruasu fight has become a prestige battle for the DMK and AIADMK, points out N Sathiya Moorthy.

Amazon, Future saga: Ball's in tribunal's court

Amazon, Future saga: Ball's in tribunal's court

Rediff.com23 Feb 2022

The Supreme Court on Wednesday asked Amazon and Future group to request the NCLAT to decide the plea challenging the revocation of sanction to the US e-commerce major for its deal with Future group's firm by the Competition Commission of India. The suggestion was made by a bench headed by Chief Justice N V Ramana while adjourning to March 9 the hearing on Amazon's appeal against the January 5 order of the Delhi high court staying the ongoing arbitration proceedings before an arbitral tribunal over Future Retail's Rs 24,500-crore merger deal with Reliance Retail. The bench, also comprising Justices A S Bopanna and Hima Kohli, deferred the hearing after brief arguments on being told that the National Company Law Appellate Tribunal (NCLAT) is hearing another appeal of Amazon related to the merger deal.

RIL, Adani to set up solar units under PLI scheme

RIL, Adani to set up solar units under PLI scheme

Rediff.com23 Sep 2021

As many as 19 firms, including Reliance Industries Ltd (RIL), Adani Group and Tata have evinced interest for setting up solar manufacturing units under a production linked incentive scheme of the government. In April this year, the Union Cabinet approved a Rs 4,500 crore production linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules. The scheme is aimed at adding 10,000 MW manufacturing capacity of integrated solar PV modules entailing direct investment of Rs 17,200 crore.

Farm reforms may help Cargill's expansion plans in India

Farm reforms may help Cargill's expansion plans in India

Rediff.com10 Oct 2020

Cargill believes the reforms would act as a catalyst in attracting private sector investment in building supply chains for taking Indian farm produce to national and global markets.

'Friendship is the key to making a film'

'Friendship is the key to making a film'

Rediff.com8 Jun 2023

'Film shooting is a long process, and it is important to have a good bonding with the person you are going to spend six to eight months of your life.' 'Baaki, film toh bann jaati hain.'

Why Sri Lanka Is In Crisis

Why Sri Lanka Is In Crisis

Rediff.com4 Apr 2022

The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.

Karnataka minister booked for contractor's death, CM 'will talk to him'

Karnataka minister booked for contractor's death, CM 'will talk to him'

Rediff.com13 Apr 2022

A case has been registered against Karnataka Rural Development and Panchayat Raj Minister K S Eshwarappa for abetment of suicide in connection with the death of a civil contractor, the police said on Wednesday.

Planet Earth welcomes 8th billion inhabitant

Planet Earth welcomes 8th billion inhabitant

Rediff.com15 Nov 2022

Planet Earth welcomed its 8th billion inhabitant on Tuesday, a remarkable milestone for humanity that is set to propel India to become the world's most populous country next year, surpassing China amid rising global challenges.

Gas pooling may revive Rs 60k-crore stuck investment

Gas pooling may revive Rs 60k-crore stuck investment

Rediff.com22 Mar 2015

Pooling will also kick-start projects of Reliance Power, Torrent, Lanco.

IT Dept detects 'tax evasion worth crores' in raids linked to SP

IT Dept detects 'tax evasion worth crores' in raids linked to SP

Rediff.com21 Dec 2021

The Income Tax Department detected bogus expenditure claims and alleged transfer of share capitals worth crores of rupees through shell companies after it recently raided some entities in Karnataka and Uttar Pradesh, including people linked to the Samajwadi Party.

E-com platform Shopee shuts India operations

E-com platform Shopee shuts India operations

Rediff.com29 Mar 2022

Singapore-based e-commerce platform Shopee - that launched in India only in December 2021 - has decided to close operations in the country. The official reason given by Shopee, which is controlled by NYSE-listed Sea Ltd, is changing global sentiments. In a statement, it said, "In view of the global market uncertainties, we have decided to close risks of our early-stage Shopee India initiative." The e-commerce platform has been hit by growing opposition from trade associations led by Praveen Khandelwal as well as homegrown social commerce start-ups.

PM to discuss India's position on Ukraine during Europe visit

PM to discuss India's position on Ukraine during Europe visit

Rediff.com1 May 2022

As Prime Minister Narendra Modi embarks on a tour of three European nations, India on Sunday once again called for the cessation of hostilities in Ukraine and resolution of the conflict through dialogue and diplomacy, noting that was an appreciation of its position on the crisis by its partner countries.

The Indian Education Scramble

The Indian Education Scramble

Rediff.com21 Sep 2022

Tuition classes: Saviours or demons, asks Ajit Balakrishnan.

ED arrests Jharkhand mining secretary Pooja Singhal

ED arrests Jharkhand mining secretary Pooja Singhal

Rediff.com11 May 2022

Sources claimed that Singhal was "evasive" in her replies and hence was arrested.

Covid runs rampant in China as govt seems absent

Covid runs rampant in China as govt seems absent

Rediff.com26 Dec 2022

One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.

My prime task was to make India investment-friendly: Jaitley

My prime task was to make India investment-friendly: Jaitley

Rediff.com1 Mar 2015

Why do I want to bring corporate tax from 30 per cent to 25 per cent? I have to attract investment in this country -- not just international but domestic.

ED grills J'khand mining secretary Singhal for 9 hours in PMLA case

ED grills J'khand mining secretary Singhal for 9 hours in PMLA case

Rediff.com11 May 2022

She has been called again on Wednesday for a fresh round of grilling.

Modiji, A Sure Shot Way To Win 2024

Modiji, A Sure Shot Way To Win 2024

Rediff.com12 May 2022

Ramesh Menon, the veteran journalist suggests Prime Minister Narendra Damodardas Modi what he should do if he wants to win 2024 Lok Sabha elections.

Lanka allows docking of Chinese ship at port amid India's concern

Lanka allows docking of Chinese ship at port amid India's concern

Rediff.com13 Aug 2022

The ship will now arrive on August 16 and remain at the Hambantota port till August 22, they said.